Jacques Is Required to Evaluate Several of His Employees This

question 93

Multiple Choice

Jacques is required to evaluate several of his employees this year. To avoid problems associated with the halo effect, he should

• A) make sure he is familiar with each of his employees.
• B) request that he evaluate only workers he has not evaluated before.
• C) make sure his ratings are not uniform.
• D) try to use both subjective and objective criteria in his evaluations.

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Definitions:

Economies of Scale

Economies of Scale refer to the cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output generally decreasing with increasing scale.

Barriers to Entry

Obstacles that make it difficult for new competitors to enter a market.

Government-Set Barriers

Regulations or policies implemented by the government that restrict entry into certain markets or industries.

Demand Curve

An illustrative chart depicting how the cost of an item correlates with consumer demand for that item.