What Is the Most Important Thing an Organization Can Do

question 115

Multiple Choice

What is the most important thing an organization can do to ensure that a performance appraisal process can withstand legal scrutiny?

• A) Base the standards on a sound job analysis and make sure all involved know what the standards are.
• B) Make sure managers are not biased in their delivery of appraisal feedback.
• C) Use calibration and train the managers on how to deliver feedback.
• D) Make sure the tool is reliable.

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Definitions:

Holding-Period Return

The total return received from holding an asset or portfolio over a specified period, accounting for all income and capital gains.

Dividend

A portion of a company's earnings distributed to its shareholders, usually in the form of cash payments or additional shares.

Inflation

The rate at which the general level of prices for goods and services is rising.