As Part of the Performance Appraisal of His Employees, Tim

question 100

Multiple Choice

As part of the performance appraisal of his employees, Tim wants to measure how frequently they exhibit certain behaviors that he feels are critical to his firm's success. Which of the following performance appraisal approaches should he use to achieve this goal?

• A)Management by objectives
• B)Behaviorally anchored rating scale
• C)Behavior observation scale
• D)Trait scale

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Definitions:

Marginal Wage Cost

The additional cost incurred by an employer for hiring one more unit of labor.

Wage Rate

The amount of money paid to an employee by an employer in exchange for work performed, usually expressed per hour, day, or piece.

Unionization

The process of organizing workers into a union, a collective organization that negotiates with employers over wages, working conditions, and other labor issues.

Retail Trade

The selling of goods and services directly to consumers, typically in small quantities.