Identify the four components of a time series. Which one of these is rarely forecast? Why is this so?
What will be an ideal response?
Trend, seasonality, cycles, and random variation. Since random variations follow no discernible pattern, they cannot be predicted, and thus are not forecast.
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Which of the following is a similarity between leniency and central tendency?
A. Both are contrast errors in performance appraisals. B. Both are types of distributional errors in performance appraisals. C. Both occur when people are compared against one another instead of against an objective standard. D. Both are behaviors that are never stated as formal requirements of a job.
Samuel’s supervisor is reviewing his attendance and punctuality record as part of an annual evaluation. This type of evaluation is known as a _________ appraisal.
A. trait B. behavior C. results D. statistical E. None of the above
An employee may quit and then use information he learned at the company to compete with the company, unless there was some unfair competition or trade secret involved
a. True b. False Indicate whether the statement is true or false
When the dentist's office bills the patient who had an appointment but did not show up for it and did not cancel the appointed, it is an example of ________ because the patient was made aware of the policy before making the appointment.
A. Interactional fairness B. Procedural fairness C. Functional fairness D. Outcome fairness E. Service equity