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A Comprehensive Approach to Performance Appraisal That Uses the Evaluations

question 150

Multiple Choice

A comprehensive approach to performance appraisal that uses the evaluations of bosses, peers, and subordinates as well as self-ratings, customer ratings, and ratings of others outside the work unit is known as a(n) :


Definitions:

Marginal Social Benefits

The additional benefit that society gains from consuming one more unit of a good or service.

Marginal Social Cost

The total cost to society of producing one additional unit of a good or service, including both private costs and any external costs.

Pollution Emissions

The release of pollutants into the air, water, or soil by industrial processes or other human activities.

Marginal Social Benefit

The additional gain to society as a whole resulting from an additional unit of a good or service being produced and consumed.

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