Administrative purposes of performance appraisal include all of the following EXCEPT

A. determining promotion candidates.
B. evaluating training programs.
C. documenting personnel decisions.
D. providing performance feedback.


Answer: D

Business

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Chad wants to build a start-up company with a small number of people working for him. He decides to do all the hiring himself. Lucas, a friend of Chad's who is a lawyer, warns Chad about the risk of discrimination complaints he could receive from applicants who are not hired. Which statement best expresses the basis of Lucas's concern about avoiding discrimination?

A. Interviews are expensive, so their validity and reliability are always in question. B. Interviews are narrow and standardized, so they do not allow interviewers to test the integrity of interviewees with ease. C. Interviews are situational, so they provide a means to check the accuracy of information provided by the candidate. D. Interviews require polygraph tests, which give the interviewer an opportunity to ask questions that can violate the privacy rights of the interviewee. E. Interviews are subjective, so they have the potential of assessing candidates based on questions not related to the job.

Business

King Sales sells a certain product for $20,000. Included in this price is an implied service-type warranty of $600. Fifty machines were sold in 2016. Warranty expense incurred during 2016 amounted to $35,000. Which of the following entries would King Sales probably not make in 2016?

A) ?Unearned Warranty Revenue 35,000Warranty Revenue 35,000 B) ?Cash 1,000,000Sales 970,000Unearned Warranty Revenue 30,000 C) ?Cash 30,000Warranty Revenue 30,000 D) ?Warranty Expense 35,000Cash (or other assets) 35,000

Business

Utility refers to measuring one's own training services against the leaders in their industry.

Answer the following statement true (T) or false (F)

Business

Firms spend millions of dollars annually to build brand equity, recognizing that brand equity contributes to

A. profitability. B. corporate stakeholder relations. C. brand liability. D. product mix breadth. E. perceived brand personality.

Business