When a Performance Appraisal Scale Is Too Open to Interpretation

question 51

Multiple Choice

When a performance appraisal scale is too open to interpretation of traits and standards,this rating scale problem is known as which of the following?

• A) Non-quantitative standards
• B) Translation openness
• C) Unclear performance standards
• D) Appraisal bias
• E) Critical incidents

Understand and identify examples of Parkinson's Law in organizational contexts.

Recognize industries that benefit from economies of scale and those that do not.

Understand the concept and implications of marginal cost in production.

Grasp the concept and effects of the law of diminishing returns in various sectors.

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Definitions:

Normal Population

A population in which the distribution of variables follows a normal (Gaussian) distribution, characterized by a symmetric bell-shaped curve.

Standard Error

A statistic that measures the dispersion of sample means around the population mean, indicative of the accuracy of the sample mean as a representation of the population mean.

Random Variable

A variable characterized by numerical outcomes derived from phenomena of chance.

Population Mean

The average value of a given characteristic across the entire population.