Which Type of Appraisal Is Conducted as Part of the Day-To-Day

question 125

Multiple Choice

Which type of appraisal is conducted as part of the day-to-day working relationship between a manager and an employee?

• A)systematic
• B)one-on-one
• C)informal
• D)on-the-spot

Evaluate the impact of labor on production through concepts of marginal and average product.

Understand the principles of economies and diseconomies of scale.

Comprehend the distinction between explicit, implicit costs, and normal profit.

Analyze how cost concepts like marginal cost and average cost are related to output level.

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Definitions:

Operant Behavior

A behavioral concept that involves an organism's actions being influenced by the consequences that follow, as described in operant conditioning.

Reinforcement

In behaviorist psychology, it refers to any stimulus that strengthens or increases the probability of a specific response or behavior by delivering a reward or removing an unpleasant stimulus.

Variable-Ratio Schedule

In operant conditioning, a reinforcement schedule where responses are rewarded after an unpredictable number of responses, leading to high and steady response rates.

Piece-Rate Pay

A compensation system where workers are paid a fixed rate for each unit of production completed, motivating higher productivity.