Which Term Below Is Used to Refer to a Set

question 99

Multiple Choice

Which term below is used to refer to a set of quantitative performance measures human resource managers use to assess their operations?

• A)tools
• B)metrics
• C)ASPs
• D)benchmarks
• E)statistics

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Definitions:

Likelihood of Outcome

The probability or chance that a specific outcome will occur out of a set of possible outcomes.

Personal Estimate

An individual's judgment or assessment of something, often based on personal experiences or perceptions.

Representativeness Heuristic

A cognitive bias in which an individual categorizes a situation based on how similar it is to a typical case from one's experiences, potentially leading to errors in judgment.

Byron

A reference to Lord Byron, a British Romantic poet known for his flamboyant lifestyle and works such as "Don Juan" and "Childe Harold's Pilgrimage."