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:

Inventory Turnover Ratio

A measure of how frequently a company sells and replaces its stock of goods in a given period.

Level of Spoilage

The quantity or rate of goods that are damaged or deteriorated to the extent that they cannot be sold as first-quality merchandise.

Ratio Comparison

A method of analysis where financial ratios of a company are compared to industry benchmarks or the company's historical figures to assess performance.

Credit Manager

A professional responsible for granting credit to customers and managing the credit risk for a company.