It Is the Responsibility of the Manager of an Underperforming

question 2

Multiple Choice

It is the responsibility of the manager of an underperforming employee to make sure the employee clearly understands:

• A) the standard of performance required.
• B) the precise performance gap and why it matters.
• C) how the manager is prepared to help the employee to reach the required standard.
• D) the consequences of continued poor performance.
• E) All of these responses are correct.

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Definitions:

Natural Monopoly

A type of monopoly that arises because a single firm can supply a good or service to an entire market at a lower cost than could two or more firms.

Patent

A legal document granted by the government that gives an inventor exclusive rights to make, use, or sell an invention for a certain number of years.

Exclusive Right

A legal privilege granted to an individual or organization to be the sole provider or practitioner of a specific service or product in a particular area.

Forever

A term indicating an infinite or unspecified period of time, often used in the context of time without end.