Graphic Rating Scales Can Be Strengthened for Performance Appraisals by

question 58

Multiple Choice

Graphic rating scales can be strengthened for performance appraisals by

• A) they cannot be improved
• B) tying them to personality traits.
• C) anchoring them to specific job behaviors.
• D) using them with employee rankings.
• E) making them part of MBO.

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Definitions:

Saving

The portion of income not spent on current expenditures or consumables, often put aside for future use or investments.

Opportunity Cost

The penalty of bypassing the alternative that ranks second in preference while making a choice.

Investment

The process of distributing funds with the aim of earning returns or profits.

Aggregate Expenditure Line

A graphical representation that shows the total amount of spending in an economy (consumption, investment, government spending, and net exports) at various levels of income.