A Change in the Price of a Key Commodity Such

question 142

Multiple Choice

A change in the price of a key commodity such as oil, usually because of a shortage, that causes a shift in the inflation adjustment line is known as a

• A)commodity shock.
• B)price shock.
• C)price revamping.
• D)disinflation.
• E)None of these

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Definitions:

Behaviorally Anchored Rating Scales (BARS)

A performance appraisal method that rates behavior in terms of a scale showing specific examples of employee actions that represent various levels of performance.

Performance Appraisal

A regular review of an employee's job performance and overall contribution to an organization.

Behavior-Based Interview

An interviewing technique that focuses on how the interviewee acted in specific situations in the past, on the premise that past behavior is the best predictor of future behavior.

Future Work Performance

Future work performance pertains to an individual's or a group's projected effectiveness, productivity, and accomplishments in their professional tasks going forward.