Which of the Following Methods of Performance Appraisalinvolves Comparing Each

question 3

Multiple Choice

Which of the following methods of performance appraisalinvolves comparing each individual employee with everyother individual employee, one at a time?

• A) The paired-comparison method
• B) The factor-comparison method
• C) The critical incident method
• D) The simple ranking method
• E) The forced-distribution method

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Definitions:

MRP

Marginal Revenue Product, the additional revenue generated from using one more unit of a factor of production.

Rent

Payment made periodically by a tenant to a landlord in exchange for the use of land, a building, or another property.

MRP

The additional revenue produced by increasing one unit of a production input, emphasizing the productivity aspect in revenue generation.

Factor of Production

Resources used in the creation of goods or services, commonly categorized into land, labor, capital, and entrepreneurship.