One Method of Performance Appraisal Is Based on the Critical

question 62

Multiple Choice

One method of performance appraisal is based on the critical assumption that the performance of employees in a department corresponds to the classic bell-shaped curve. What is the name of this method?

• A)statistical
• B)critical incident
• C)forced distribution
• D)ranking

Recognize the significance and calculation of the balance of payments and its components.

Understand the factors leading to the collapse of the Bretton Woods system and its consequences on global financial systems.

Grasp the concept of managed float exchange rate systems and the role of central bank intervention.

Acknowledge the trade and balance of payments dynamics in historical and current perspectives.

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Definitions:

Performance Indicators

Metrics or measures used to assess and analyze an employee's, department's, or organization's effectiveness and performance.

Internal Consultants

Employees or departments within an organization that provide expert advice and services to other parts of the same organization, akin to external consultants but focused on internal needs and challenges.

Non-Comparative

A method or approach that does not involve comparing elements or items with one another.

Rating Scale Method

A method of performance evaluation where employees are ranked on a scale based on certain criteria.