Which One of the Following Statements About Peers as a Source

question 39

Multiple Choice

Which one of the following statements about peers as a source of performance information is FALSE?

• A)Peers have expert knowledge of job requirements and bring a different perspective to the evaluation which can provide extremely valid assessments of performance.
• B)Friendships (or rivalries)have the potential to bias ratings.
• C)Peer ratings are particularly useful when supervisors do not have the opportunity to observe employees.
• D)Peers are less likely to be willing to participate in reviews used for employee development than for administrative decision making.
• E)Actually,all of the above statements are truE.

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Definitions:

Takeover Targets

Companies that are potential candidates for acquisition by other companies due to their attractive attributes or undervalued assets.

Profit-Maximizing Firms

Businesses that operate with the objective to produce the quantity of output that maximizes the difference between total revenue and total cost.

Perfectly Competitive Market

A market structure characterized by a large number of small firms, homogeneity of products, and free entry and exit, leading to optimal distribution of resources.

Market Demand

The combined amount of a product or service that every consumer in a market is prepared and capable of buying at different price points.