what is feedback in business organisation?

Question

it is all baout business org

Answer 1

Feed Back is related to performance evaluation. Most recently, the new technique adopted in performance evaluation is 360 Feed Back Performance Evaluation.

According to this tecnique, an employee's performance is evaluated by getting the feed back of his performance from his co-workers / staff.

Finally all the opinion of the co-workers are combined together to evaluate the performance of a particular staff and come to the conclusion with regard to promotion or training need.

It is a vast subject. Searh for books " 360 Degree Feed Back"