Frictional Unemployment Comes About Because of

question 271

Multiple Choice

Frictional unemployment comes about because of

• A) friction between labor and management.
• B) a mismatch between skills and available jobs.
• C) normal labor market turnover.
• D) a general economic slowdown.

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Definitions:

Performance Feedback

The process of providing employees with information and assessments on their work performance from supervisors, coworkers, or other relevant parties.

Horns Error

A type of cognitive bias in which a person's negative traits influence one's perception of their overall character or abilities, leading to an unduly harsh evaluation.

Rating Error

A mistake or bias that occurs when evaluating an individual, typically in performance appraisals, leading to inaccurate or unfair assessments.

Calibration Meetings

Sessions in which managers or HR professionals discuss and align on performance standards, ratings, and development needs for employees to ensure consistency and fairness.