If Marius Is Going to Use a Subjective Measure to Assess

question 152

Multiple Choice

If Marius is going to use a subjective measure to assess how the members of his team are doing at their jobs, he would not want to use a

• A)numerical rating an employee on dimensions of organization and dependability.
• B)measure of the number of parts a manufacturing employee constructs.
• C)rating of an employee's specific behaviors, such as "greeting customers with a smile."
• D)self-report questionnaires completed by the employee him- or herself.

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Definitions:

Credit Swap

A financial derivative contract allowing two parties to exchange streams of interest payments or commodity flows for a set period, based on a predetermined notional principal amount.

Mortgage-Backed Securities

These are bonds secured by home and other real estate loans. They are created by pooling mortgages and then selling interests in that pool to investors.

FNMA

The Federal National Mortgage Association, known as Fannie Mae, a government-sponsored enterprise that provides liquidity to the mortgage market.

FHLMC

The Federal Home Loan Mortgage Corporation, commonly known as Freddie Mac, is a public government-sponsored enterprise (GSE) that specializes in secondary mortgage markets by purchasing mortgages and securitizing them.