Han Believes That All His Employees Do a Good Job

question 25

Multiple Choice

Han believes that all his employees do a good job.When he gives performance appraisals,he rates everyone as "average" because he thinks that doing a good job is an average rating.In reality,several of Han's employees are excellent and several are below average.It appears Han is making a ______ error in his performance appraisals.

• A) recency
• B) contrast
• C) attributional
• D) distributional

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Definitions:

Payback Period

The payback period is a capital budgeting metric that measures the time required for an investment to generate cash flows sufficient to recover its initial cost, helping assess the risk and efficiency of an investment.

Net Present Value

The difference between the present value of cash inflows and the present value of cash outflows over a period of time, used as a method for evaluating the profitability of an investment.

Complex Equipment

Machinery or systems that involve intricate components and functionalities, typically requiring specialized knowledge to operate.

Skilled Workers

Individuals possessing specialized training, knowledge, or ability in their professional areas, contributing to their proficiency and efficiency at work.