Renu Has Been Hired as the First Human Resources Professional

question 56

Multiple Choice

Renu has been hired as the first human resources professional at a growing landscape architecture firm, Terrastyle Inc.The firm is currently using a formal appraisal method which lists traits such as "teamwork"and performance values ranging from "needs improvement"to "outstanding."Terrastyle is using which of the following appraisal methods?

• A)critical incident method
• B)behaviourally anchored rating scale
• C)forced distribution method
• D)graphic rating scale
• E)paired comparison method

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Definitions:

Production

The process of combining inputs to make goods or services.

LAC Curves

The Long-Run Average Cost curves, which show the minimum average cost of production at different levels of output.

LMC Curves

Abbreviation for Long-Run Marginal Cost curves, which represent the cost to produce one additional unit of goods when all inputs can be varied.

Returns to Scale

The change in output resulting from proportional change in all inputs (factors of production); can be increasing, constant, or decreasing.