Scientists Must Balance the Benefits of Research Against the ______

question 10

Multiple Choice

Scientists must balance the benefits of research against the ______.

• A) resources available
• B) desired results
• C) possible harm
• D) effective methods

Understand the importance and methods of creating performance measurements and the potential biases associated with them.

Familiarize with the challenges and advantages of different performance appraisal formats, including behaviorally anchored rating scales and management by objectives (MBO).

Understand the role of personal traits and results-based criteria in performance evaluations.

Recognize the potential rating errors and biases in performance appraisals and how to mitigate them.

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Definitions:

Defined Benefit Plan

A type of pension plan where the employer guarantees a specified pension payment upon retirement, based on the employee's earnings history, tenure of service, and age, rather than directly depending on individual investment returns.

Noncontributory Plan

A type of pension plan or benefit program where the employer fully funds the benefits without required contributions from the employees.

Pension Reform Act

Legislation aimed at improving, modifying, or reforming the guidelines and operations of pension schemes and retirement benefits.

Net Periodic Pension Cost

The total cost charged to expense related to pension plans during a certain period, including service and interest costs.