Ron is a sales representative with Emergo Systems Ltd. He has performed beyond expectation for the current financial year. However, during the last month of the year, he enters into a feud with one of his customers over a trivial issue. As a result, his manager gives him a poor performance rating during the appraisals. Identify the appraisal error committed by Ron's manager.
A. Contrast error
B. Recency error
C. Similarity error
D. Halo error
Answer: B
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Unlike a claim, a request for adjustment
A) is a formal complaint. B) should be phrased in a more aggressive tone. C) does not require supporting documentation. D) seeks a specific settlement. E) should always open with a buffer.
Akira purchased a certain number of securities and incurred losses due to a decline in the price of securities in the market. She held her accountant, Jason, liable for her entire loss. Given this information, which of the following statements is true?
A. Akira can hold Jason liable for her losses because he did not prove that he made a reasonable investigation and reasonably believed that the certified financial statements were accurate. B. Jason cannot be held liable because the losses were totally unrelated to the accountant's negligence. C. Akira can hold Jason liable for her losses because an accountant is liable to any purchaser of securities issued pursuant to a defective registration statement. D. Jason can be held liable because he did not demonstrate that the purchaser was aware of the omissions in the registration statement before buying the securities.
A firm is trying to determine if it should launch a product. The product has an expected life of three years. It will bring in cash flows of $10,000 in each of the three years. The company estimates that it will invest $28,000 in product research and development costs. Assume a discount rate of 8%. Based on NPV, what should the firm do?
a. Launch the product because NPV is greater than the amount to be invested b. Not launch the product because NPV is greater than the amount to be invested c. Launch the product because the amount to be invested is greater than NPV d. Not launch the product because the amount to be invested is greater than NPV
Instructions will be most readable if the steps are presented in a bulleted vertical list
Indicate whether the statement is true or false