Which of the Following Best Describes a Behaviorally Anchored Rating

question 46

Multiple Choice

Which of the following best describes a behaviorally anchored rating scale?

• A)chart of paired subordinates ranked in order of performance
• B)combination of narrative critical incidents and quantified performance scales
• C)diary of positive and negative examples of a subordinate's work performance
• D)list of subordinates from highest to lowest based on specific performance traits

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Definitions:

Oligopolistic Producers

These are companies within an industry where a small number of firms hold a large market share, leading to limited competition and potentially collaborative market behaviors.

Monopolistically Competitive

Refers to a market structure where many firms sell products that are similar but not identical, leading to competition based on product differentiation.

Normal Profits

The minimum profit necessary for a company to remain competitive in the market, equivalent to the opportunity cost of capital.

Efficiently

Performing or operating in the best possible manner with the least waste of time and effort.