Joe and Larry Are Employed at the Same Telecommunications Company

question 22

Multiple Choice

Joe and Larry are employed at the same telecommunications company. Their manager has just conducted objective assessments of their sales of complex data products during the first quarter. Larry sold more products than Joe. Subjectively, however, Joe is considered to be easier to work with. What are the implications for managers in conducting Joe and Larry's respective performance appraisals?

• A) They should focus only on the highest number of total sales.
• B) They should include subjective ratings by supervisors.
• C) They should focus only on the quality of work and ignore the sales numbers.
• D) They should focus only on the cancellations and disregard the numbers of sales.

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Definitions:

Positively Correlated

A relationship between two variables in which they move in the same direction, meaning as one variable increases, the other also increases.

401k Retirement Accounts

Tax-advantaged retirement savings accounts offered by employers, allowing employees to save and invest a portion of their paycheck before taxes are taken out.

Enron Corp.

An American energy company based in Houston, Texas, that famously collapsed in 2001 due to widespread corporate fraud and corruption.

Diversified

A strategy that involves spreading investments across various financial assets, industries, or other categories to reduce risk.