Sometimes, Managers Evaluate Employees Based on the Way They (The

question 72

Multiple Choice

Sometimes, managers evaluate employees based on the way they (the managers) perceive themselves.This is a(n) ________.

• A)leniency error
• B)halo error
• C)central tendency error
• D)similarity error
• E)attribution error

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Definitions:

Fixed Expenses

Expenses that remain constant regardless of any variations in the volume of production or sales.

Break-Even Point

The level of sales at which profit is zero.

Contribution Margin Ratio

A financial metric that measures the proportion of sales revenue that exceeds variable costs and contributes to covering fixed expenses and generating profit.

Net Loss

The result when a company's total expenses exceed its total revenues during a specific period, indicating a negative profit.