When Employees' Performance Is Appraised Using a Rating Scale,only One

question 86

True/False

When employees' performance is appraised using a rating scale,only one employee can occupy a particular ranking.

Identify the conditions under which rumors spread most effectively in organizations.

Understand how personal emotions and gossip contribute to the grapevine.

Recognize the role of non-verbal communication in conveying messages within organizations.

Comprehend how office decor and arrangement reflect and influence organizational communication.

---

Definitions:

Product Differentiation

A marketing strategy that businesses use to distinguish their products from similar offerings in the market by varying features, branding, or quality.

Price Competition

A market situation in which companies attempt to win customers by offering lower prices than their competitors.

Waste of Resources

The inefficient use of materials, labor, energy, or capital that does not maximise potential utility or value.

Monopolistically Competitive

In a monopolistically competitive market, many firms sell products that are similar but not identical, allowing for product differentiation and some degree of market power over prices.