In the Context of Subjective Effects of Employee Appraisals,which of the Following

question 72

Multiple Choice

In the context of subjective effects of employee appraisals,which of the following best defines availability bias of appraisers?

• A)It occurs when the appraisers place too much emphasis on their first impressions of the employees and are not likely to change it.
• B)It is evident when the appraisers use one piece of known information to generalize about an employee's performance on matters where no information is available.
• C)It is evident when the appraisers rely too much on memorable information to make judgments and ignore other fuller information.
• D)It occurs when the appraisers make judgments about an employee in comparison to a typical image they have of a successful employee.

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Definitions:

Equilibrium Quantity

The quantity of goods or services supplied that is equal to the quantity demanded at the market equilibrium price.

Subsidies

Financial support extended by the government to stimulate an industry or reduce the prices of goods and services for consumers.

MBA Degree

A Master of Business Administration degree, a graduate-level education that focuses on the theoretical and practical aspects of business and management.

Externalities

Economic side effects or by-products that affect uninvolved third parties; can be negative (like pollution) or positive (like education benefits), and are not reflected in market prices.