Fumiko, an HR manager, is teaching a seminar on the appraisal process. As students call out keywords that reflect objective appraisals, she writes them on a whiteboard. She'll ask a student to erase any words that don't belong in the list
She can already see one word that won't make the cut. Which of the following words is it?
A) quantitative
B) results
C) fair
D) specifics
E) traits
Answer: E
Explanation: E) Trait appraisals are ratings of subjective attributes such as attitude and initiative. These are not considered objective because ratings can often be colored by manager biases.
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A ________ aims at a carefully defined target market by offering a unique product assortment, knowledgeable salesclerks, and better service.
A. department store B. general store C. specialty shop D. mass-merchandising shop E. convenience store
Germano Products, Inc., has a Pump Division that manufactures and sells a number of products, including a standard pump that could be used by another division in the company, the Pool Products Division, in one of its products. Data concerning that pump appear below: Capacity in units 65,000Selling price to outside customers$98Variable cost per unit$36Fixed cost per unit (based on capacity)$44?The Pool Products Division is currently purchasing 10,000 of these pumps per year from an overseas supplier at a cost of $94 per pump.?Assume that the Pump Division has enough idle capacity to handle all of the Pool Products Division's needs. Does there exist a transfer price that would make both the Pump and Pool Products Division financially better off than if the Pool Products Division
were to continue buying its pumps from the outside supplier? A. No, the selling division's price to outside customers is higher than the price that the buying division has to pay its outside supplier. B. Yes, both divisions are always better off regardless of whether the selling division has enough idle capacity to handle all of the buying division's needs. C. The answer cannot be determined from the information that has been provided. D. Yes, the minimum transfer price that the selling division should be willing to accept is less than the maximum transfer price that the buying division would accept.
Profitability ratios measure
A. liquidity. B. leverage. C. performance. D. turnover.
The stage in which the economy hits a peak is called:
A. expansion. B. contraction. C. stagnation. D. recession. E. depression.