How Does a 360-Degree Performance Evaluation Differ from a Balanced

question 81

Multiple Choice

How does a 360-degree performance evaluation differ from a balanced scorecard-type measurement?

• A) It is used for individuals, not organizations.
• B) It is well-rounded.
• C) It has an ethical dimension.
• D) It does not have an ethical dimension.

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Definitions:

Cartels

Formal agreements among competing firms to control prices, production, and distribution of goods, often to restrict competition and increase profits illegally.

Collusive Arrangements

Agreements between firms to control prices or exclude entry of a new competitor in the market, often in violation of antitrust laws.

Secret Price Concessions

Unadvertised discounts or reductions in price offered to buyers, often as part of negotiation processes in sales transactions.

OPEC

The Organization of the Petroleum Exporting Countries (OPEC) is an intergovernmental organization of oil-exporting countries aimed at coordinating and unifying petroleum policies to secure fair and stable prices for petroleum producers.