Answer:
True
Explanation:
PERFORMANCE APPRAISAL IS A REGULAR BASIS REVIEW REPORT BY THE ORGANIZATION TO THEIR EMPLOYEES AND ALSO KNOWN AS ANNUAL REPORT. IT EVALUATES EMPLOYEES SKILLS, ACHIEVEMENTS, AND DRAWBACKS. THIS ANNUAL REPORT IS USED FOR THE INCREMENT OR PROMOTION OF EMPLOYEE OR TERMINATION OF EMPLOYEE BASED ON THEIR PERFORMANCES. PERFORMANCES APPRAISAL ARE USED BY ORGANIZATION TO PROVIDE FEEDBACK TO THEIR EMPLOYEE . PERFORMANCE APPRAISAL HELP THE ORGANIZATION TO CREATE A PLAN FOR THEIR EMPLOYEE DEVELOPMENT BY PROVIDING THEM EXTRA TRAINING AND CAN INCREASED RESPONSIBILITIES AND AS WELL TO FIND OUT THE SHORTCOMINGS.