Discuss the various types of rating errors that may exist in performance evaluations.
What will be an ideal response?
Errors of central tendency - A performance rating error in which all employees are rated about average.Leniency or strictness errors - A performance rating error in which the appraiser tends to give employees either unusually high or unusually low ratings.Recency errors - A performance rating error in which the appraisal is based largely on the employee's most recent behavior rather than on behavior throughout the appraisal period.Contrast errors - A performance rating error in which an employee's evaluation is biased either upward or downward because of comparison with another employee just previously evaluated.Similar-to-me errors - A performance rating error in which an appraiser inflates the evaluation of an employee because of a mutual personal connection.
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In order for a company to accept a project based on Net Present Value (NPV):
a. NPV must be less or equal to zero. b. NPV must be greater or equal to zero. c. NPV must be greater than zero. d. NPV must be greater than IRR. e. NPV can not be used to accept projects.
Answer the following statement(s) true (T) or false (F)
1. Martha Stewart is a good example of how having a harmonious, unified identity helps leaders succeed. 2. We can think about identity in somewhat broader terms that include our goals, beliefs, skills and abilities, and typical behaviors. 3. Researchers have defined core identity in terms of roles and state that core identity is “the categorization of the self as an occupant of a role, and the incorporation, into the self, of the meanings and expectations associated with that role and its performance’’. 4. Because our working memory does not allow us to hold both sets of cognitive categories in mind at once, we are often not aware of how different the two sets of identities can be.
A work system has five stations that have process times of 5, 9, 4, 9, and 8. What is the throughput time of the system?
A) 4 B) 9 C) 18 D) 35 E) 7
Which of the following statements about public relations is true?
A. An effective public relations program continues over months or even years. B. Public relations deals only with the activities designed to sell a product or service. C. Typically, shorter forms of public relations and publicity are interchangeable functions. D. Public relations has the same objectives as product and service promotion. E. Public relations is not considered a management function.