Certification in Supplier Diversity Practice Exam

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How does a 360-degree survey facilitate performance review?

By gathering feedback from a singular source
By excluding opinions from external suppliers
By collecting insights from multiple perspectives
By emphasizing self-reviews exclusively

The correct answer is: By collecting insights from multiple perspectives

A 360-degree survey is an effective tool for performance reviews as it collects insights from multiple perspectives, including peers, managers, subordinates, and sometimes even external stakeholders. This comprehensive feedback mechanism provides a holistic view of an individual’s performance. By incorporating diverse viewpoints, it helps identify strengths and areas for improvement that may not be visible from a single perspective. Using this multifaceted approach enables organizations to create more effective development plans and enhance individual and team performance. It reflects a greater reality of workplace dynamics, fostering an environment of continuous improvement and growth. This method contrasts sharply with collecting feedback from just one source, which can limit understanding and lead to biased evaluations.