The _____ Occurs When a Rater Gives Greater Weight to Information

question 11

Multiple Choice

The _____ occurs when a rater gives greater weight to information received first when appraising an individual's performance.

• A) central tendency
• B) recency effect
• C) leniency error
• D) primacy effect

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Definitions:

Stockholders

Owners of the stock of the corporation.

Dividends

Payments made by a corporation to its shareholder members, usually distributed from the company's profits.

Liquidation

Occurs when a business is terminated, the assets are sold, and liabilities and partners are paid off.

Creditors

Entities or individuals to whom a company owes money or has financial liabilities, often in the context of short or long-term borrowing.