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The Performance Appraisal Method Which Is Similar to Grading on a Curve

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The performance appraisal method which is similar to grading on a curve and which places a predetermined percentage of ratees in various performance categories, is the


Definitions:

Non-excludable

Characterizes goods or services that cannot easily prevent people who do not pay from consuming or using them, such as public goods.

Non-rivalrous

A characteristic of a good whereby one person's use does not diminish the utility or availability of that good for others.

Laissez-faire System

A laissez-faire system is an economic principle advocating minimal government intervention in the operations of free markets and the economic decisions of individuals and businesses.

Market

A market is a platform or environment where buyers and sellers come together to facilitate the exchange of goods, services, or information.

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