What Is the Basic Problem Associated with Employee Self-Ratings in the Performance

question 20

Multiple Choice

What is the basic problem associated with employee self-ratings in the performance appraisal process?

• A) Lack of anonymity
• B) Employee reluctance to self-rate
• C) Peers rate the employee higher than they rate themselves
• D) Employees do not value the opportunity to participate in performance appraisal
• E) Employees usually rate themselves higher than they are rated by supervisors or peers

Analyze the effect of price changes on total revenue based on the elasticity of demand.

Recognize the factors that influence the elasticity of demand for a product.

Assess how businesses use price elasticity of demand to make pricing decisions.

Understand the economic theory behind the price elasticity of demand and its real-world applications.

---

Definitions:

Urban Sprawl

The uncontrolled expansion of urban areas into the surrounding countryside, leading to potential problems like increased traffic, environmental degradation, and loss of community.

Urban Sociology

A subfield of sociology that focuses on social relationships and structures within city environments.

Urban Decay

The decline of a city due to depopulation, degradation of buildings and infrastructure, and social and economic challenges.

Urban Stagnation

A situation where urban areas experience a lack of economic growth, investment, and development, often leading to declining living conditions and infrastructure.