At Susko Systems Inc

question 31

Multiple Choice

At Susko Systems Inc.,employees with exceptional performance ratings are three to four more times as likely to be promoted in comparison to employees who receive average or below average ratings.Susko Systems most likely uses the promotion criterion of _____ to promote its employees.

• A)seniority
• B)education
• C)tenure
• D)merit

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Definitions:

Maintenance

The process of preserving or keeping equipment, machinery, buildings, etc., in working order by conducting regular check-ups and repairs.

Income Effect

How an alteration in income for either a person or an economic system influences the demand levels for a certain good or service.

Price Ceiling

A legally imposed maximum price on goods or services, beyond which they cannot be sold.

Quantity Demanded

The total amount of a good or service that consumers are willing and able to purchase at a given price.