Bill Received a Poor Performance Evaluation in His Job Last

question 300

Multiple Choice

Bill received a poor performance evaluation in his job last year.Since then Bill has started working through his lunch hour,has taken on four special projects,and has enrolled in night classes to upgrade his computer skills.If Bill receives a better evaluation at his next performance it will be hard for him to figure out why because

• A) he failed to use a double-blind procedure to test his hypothesis.
• B) he didn't formulate a research hypothesis before implementing the changes.
• C) none of the actions he took are likely to be related to his overall job performance.
• D) the three actions he took are confounded with each other.

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Definitions:

Fixed Costs

These are expenses that do not change with the level of production or sales, such as rent, salaries, and insurance premiums.

Required Return

The minimum rate of return an investor expects to achieve by investing in a particular asset.

Initial Investment

The upfront sum of money required to start a project, purchase an asset, or invest in a business venture.

Cash Break-even Point

The cash break-even point is the level of output or sales at which a business generates enough revenue to cover its operating cash expenses, without necessarily making a profit.