A Nursing Assistant with an Evaluation Due in 2 Weeks

question 15

Multiple Choice

A nursing assistant with an evaluation due in 2 weeks came in early to help with a staffing crisis and saved a choking family member by performing the Heimlich maneuver. The evaluation is certain to be full of high praise for skills and teamwork. Is this an appropriate evaluation?

• A) This is a fair evaluation because of care provided over the last 2 weeks.
• B) This is a situation in which a halo effect is influencing the entire evaluation.
• C) This is a situation in which a leniency error is influencing the entire evaluation.
• D) This is a fair evaluation because of no problems with the employee over the entire year.

---

Definitions:

Long Term Capital Management

A hedge fund management firm famous for its collapse in 1998, highlighting the risks of using extensive leverage and derivatives.

Market-neutral Strategies

Investment strategies that seek to achieve returns independent of the direction of the overall market by simultaneously buying and selling related securities.

Convergence Arbitrage

A strategy involving the purchase of a security in one market and simultaneous sale in another, exploiting differences in prices as they converge.

Statistical Arbitrage

A quantitative approach to equity trading that seeks to exploit pricing inefficiencies between related financial instruments.