Which of the Following Is True Regarding the Attribute Approach

question 25

Multiple Choice

Which of the following is true regarding the attribute approach to performance management?

• A)There is usually a high congruence between the techniques used in this approach and the company's strategy.
• B)The methods usually have clearer performance standards due to which different raters provide similar ratings and rankings.
• C)It is easy to develop and is generalizable across organizations and strategies.
• D)It provides specific guidance and feedback to employees.
• E)The ratings from this approach are easily accepted by employees during feedback.

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Definitions:

Scheduled Payments

Regular fixed payments made over a period according to a repayment plan, typically for loans or mortgages.

Time Value

The idea that having money now is more valuable than having the same sum later because of the possible earnings it can generate over time.

Economic Value

The worth of a good or service determined by its utility and the market demand, influencing its price.

Signing Bonus

A financial incentive given to a new employee as an inducement to join the company.