Raul, an HR Manager at Rexi LLC, Is Responsible for Implementing

question 21

Multiple Choice

Raul, an HR Manager at Rexi LLC, is responsible for implementing a guided self-appraisal system using management by objectives (MBO) in his organization. He starts by establishing objectives that are realistically attainable. Which of the following is most likely to be Raul's next step?

• A) Frequent performance discussions
• B) Development of performance standards
• C) Determining a satisfactory level of performance
• D) Job review and agreement

---

Definitions:

Real Rate of Return

The annual percentage of profit earned on an investment, adjusted for inflation, representing the purchasing power gained.

Nominal Rate

The advertised or stated interest rate on a loan or bond, not adjusted for inflation.

Inflation Rate

The tempo at which the price level for standard goods and services heightens, thereby reducing the purchasing effectiveness.

Canadian Treasury Bill

Short-term government securities issued by Canada, offering a return with low-risk investment.