Wilson Consulting Is a Management Consulting Firm with Seventy Employees

question 11

Multiple Choice

Wilson Consulting is a management consulting firm with seventy employees.As associate vice president of marketing,Suzanne Boyle is responsible for conducting performance appraisals of the twelve employees under her direct supervision.Suzanne plans to use the critical incident method to evaluate the performance of her subordinates. Which of the following,if true,undermines the argument that the critical incident method is the most appropriate performance appraisal tool for Suzanne to use?

• A)Other departments at Wilson Consulting have seen employee performance improve as a result of providing ongoing evaluations.
• B)Due to economic difficulties,the firm will be laying off the two lowest-performing employees in Suzanne's department.
• C)Employee performance standards are closely aligned with Wilson Consulting's long-term strategic plans.
• D)Suzanne will be conducting performance appraisals in conjunction with the HR manager to ensure EEO compliance.

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Definitions:

Compounded Monthly

Interest calculation method involving the addition of interest to the principal sum of a loan or deposit, repeated every month.

Compounded Semi-Annually

Interest calculation method where interest is added to the principal sum twice a year, leading to interest earnings on interest.

Compounded Monthly

The process of calculating interest using the principle plus previously earned interest as the new principle each month.

9%

An interest rate or percentage that signifies a nine percent value attached to financial products or calculations.