An Appraisal Method That Relies on Judgments About the Quality

question 51

Multiple Choice

An appraisal method that relies on judgments about the quality of work an employee contributes are known as a(n) ________ appraisal system.

• A) interactive
• B) objective
• C) subjective
• D) residual

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Definitions:

Management Fee

A charge paid to a company's managers for their services, often a percentage of managed assets or profits.

Net Return

The profit or loss from an investment after all expenses, including taxes, fees, and costs, have been subtracted.

Market Neutral

An investment strategy aiming to achieve returns independent of the overall market direction by simultaneously buying assets expected to rise and shorting assets expected to fall.

Beta

Beta is a measure of a stock's volatility in relation to the overall market; the market itself has a beta of 1.0, and individual stocks are ranked according to how much they deviate from the market.