All of the Following Are Benefits of Using Computerized or Web-Based

question 24

Multiple Choice

All of the following are benefits of using computerized or Web-based performance appraisal systems EXCEPT ________.

• A)merging examples with performance ratings
• B)helping managers maintain computerized notes
• C)combining different performance appraisal tools
• D)enabling managers to monitor employees' computers

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Definitions:

Perfect Competition

A market structure characterized by a large number of small firms, homogenous products, perfect information, and no barriers to entry or exit, leading to price-taking behavior.

Demand Curves

Graphical representations showing the relationship between the price of a good or service and the quantity of that good or service that consumers are willing and able to purchase at different prices.

Marginal Revenue Curves

Graphical representations that show how marginal revenue varies as output level changes, used by firms to determine the most profitable level of production.

Price Discrimination

A pricing approach where a single provider charges different prices for essentially the same products or services in different markets.