What Are Decision-Critical Attributes

question 6

Multiple Choice

What are decision-critical attributes?

• A) personal traits that enable humans to explain and analyze ideas
• B) criteria the decision maker deems important and relevant for evaluating options
• C) guidelines given by experts that help a person become a better critical thinker
• D) steps to follow that enable one to evaluate and criticize mistaken decisions

Identify different methods and their purposes in performance evaluation.

Grasp the characteristics of effective performance standards.

Recognize the importance and techniques of objective and subjective observation in performance appraisal.

Acknowledge various rater errors and biases in performance appraisal.

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Definitions:

Owner's Equity

The residual interest in the assets of a company after deducting liabilities, representing the ownership interest.

Assets

Economic resources owned or controlled by a business, expected to provide future benefits.

Supplies

Items or materials used in the operation of a business, often consumable in nature.

Owner's Equity

The residual interest in the assets of the entity after deducting liabilities, essentially the net assets owned by the proprietors.