The procedures followed to develop a behaviorally anchored rating scale typically result in scales that
A. have a high degree of construct validity.
B. have a high degree of content validity.
C. can be used to rate employees across different jobs.
D. cost the least to develop.
Answer: B
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By using ________, a company deliberately sets a low price with the intention of driving its competition out of business
A) price-fixing B) price lining C) surge pricing D) predatory pricing E) loss leader pricing
How does the text define “fairness”?
a. making decisions according to rules not based on personal biases b. treating everyone with dignity c. equal distribution of scarce resources d. making fair distinctions among possible options
A party makes an extreme demand at the beginning of negotiations. You suspect he has greatly overstated his position so that he can bargain down to the position he wants without consideration of what is fair and reasonable to you. To counteract this, you might consider all the following strategies except:
a. Walk away. If the party is serious about negotiating he will reconsider his demands. b. Do your research so that you know what is reasonable and can recognize a fair proposal if and when it is made. c. Persuade him that he is not fairly considering your position and is not negotiating in a principled way. d. Create an alternative, such as identifying another party who may be willing to negotiate with you, and use this alternative as a means of persuading the party to be more reasonable.
The entering into of nondisclosure agreements is an unethical practice that should not be tolerated by a legally astute manager
a. True b. False Indicate whether the statement is true or false