When a manager makes an evaluative decision, such as who should be recognized as Employee of the Month or who gets a promotion, they are __________________ their employees.
A. judging
B. ranking
C. separating
D. combining
E. None of the above
B. ranking
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Which of the following is an assumption of the aggregate demand-aggregate supply model?
A. Capital stock cannot be varied in the short run. B. An economy is always at full-employment level in the short run. C. Producers are reluctant to change prices of their products even in the long run. D. Long-run aggregate supply curve slopes upward.
Dealing with internal customers may be more sensitive than your dealings with outsiders due to the ongoing nature of the relationship.
Answer the following statement true (T) or false (F)
The change in total cost by a one-unit change in output is called the
A) marginal profit. B) marginal revenue. C) marginal demand. D) marginal cost.
Firms that invest resources to acquire entirely new knowledge, skills, and processes, that have the potential to influence the firm's direction practice
a. market pioneering. b. expeditionary marketing. c. learning orientation. d. competence exploration. e. value creation.