Jan Works as a Salesperson

question 28

Multiple Choice

Jan works as a salesperson. She generally achieves the expected targets but has also failed several times. For the previous month, she performed better than all her team members and achieved a huge sales volume. Even though Jan has not achieved her targets on several occasions during the past one year, her supervisor ranked her as number one. This is an example of how a(n) _____ can influence a performance appraisal.

• A) recency error
• B) halo error
• C) source monitoring error
• D) severity error
• E) average error

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Definitions:

Secondary Market

A market where previously issued financial instruments such as stock, bonds, options, and futures are bought and sold.

Default Risk

The risk that a borrower will not make the required payments on a debt obligation, leading to a default situation.

U.S. Government Debt

U.S. Government debt, also known as sovereign debt, is the total amount of money borrowed by the Federal government through the issuance of securities by the Treasury and other federal government agencies.

Real Interest Rates

The interest rate adjusted for inflation, reflecting the true cost of borrowing and the true yield on savings.