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Which of the following methods of performance appraisalinvolves comparing each individual employee with everyother individual employee, one at a time?
Four-Firm Concentration Ratio
An economic measure that assesses the concentration and competitive landscape of an industry by adding the market shares of the four largest firms.
Merged
The combining of two or more entities into one, through acquisitions or consolidations.
Herfindahl Index
An economic indicator used to assess the level of concentration and competition within an industry, calculated by summing the squares of the market shares of all firms in the market.
Four-Firm Concentration Ratio
An indicator measuring the total market share controlled by the four largest firms within an industry, used to assess the level of competition.
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