Examlex
What perceptual error occurs when a supervisor incorrectly rates an employee at a similar level across all performance dimensions based on an overall impression of that employee?
Quantitative Measures
Numeric indicators or metrics used to evaluate, compare, and track performance or outcomes.
Managerial Success
Achieving organizational goals effectively and efficiently through planning, organizing, leading, and controlling resources.
Economic Resources
The land, labor, capital, and entrepreneurial ability that are used to produce goods and services. Also known as the factors of production.
Central Planning
An economic system where major decisions about the production, allocation, and distribution of goods and services are made by the government.
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