Which Performance Appraisal Technique Lists Traits and a Range of Performance

question 71

Multiple Choice

Which performance appraisal technique lists traits and a range of performance?

• A) alternation ranking
• B) graphic rating scale
• C) Likert
• D) MBO
• E) constant sum rating scale For the sake of uniformity, should all questions have only 4 choices?

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Definitions:

Average Total Cost

The sum of average variable costs and average fixed costs, or simply the total cost divided by the quantity of output produced.

Constant-Cost Industry

An industry in which the entry and exit of firms have no effect on the prices firms in the industry must pay for resources and thus no effect on production costs.

Resource Prices

The costs associated with acquiring the inputs or factors of production, such as labor, capital, and natural resources.

Output Increased

A scenario where production levels rise due to enhanced efficiency, greater demand, or improvements in labor and capital.