Identify a Way in Which an Organization Can Promote Fairness

question 41

Multiple Choice

Identify a way in which an organization can promote fairness and reduce political behavior in the appraisal system.

• A) use different performance standards to evaluate different employees
• B) hold a calibration meeting in which managers discuss employee performance ratings and provide evidence supporting their ratings
• C) discourage employees from discussing their weaknesses
• D) require that managers give feedback once a year during the annual appraisal
• E) encourage managers to recognize accomplishments that only employees have identified

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Definitions:

Capital Structure

The mixture of debt and equity that a company uses to finance its operations and growth.

ROE

Return on Equity; a financial ratio that measures the profitability of a firm by dividing net income by shareholder's equity.

Days Sales Outstanding

A measure that calculates the average time it takes for a company to collect payments after a sale has been made.

Accounts Receivable

Funds that customers owe to a business for products or services rendered but for which payment has not yet been received.