When Asked by Her Instructor to Rate Her Fellow Group

question 3

Multiple Choice

When asked by her instructor to rate her fellow group members according to their performance in a class project, Kirsten gave them all a grade of 75 even though it was obvious that some had worked harder on the product than others. Kirsten was guilty of which of the following rating errors?

• A) horn and halo
• B) recency
• C) central tendency
• D) primacy
• E) leniency

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Definitions:

Forecasts

Predictions or estimates of future events or trends, particularly regarding weather or economic conditions.

Sales and Marketing

The combined processes of creating interest in products or services, identifying potential buyers, and ultimately selling to those customers.

Demand Anticipation

The process of forecasting customer demand to manage resources and inventory effectively.

Escalator Clauses

Contractual provisions allowing for an automatic increase in prices or wages under certain conditions, often tied to inflation rates or cost increases.