In Order to Gain Employee Acceptance of Useful Performance Standards,a

question 96

Multiple Choice

In order to gain employee acceptance of useful performance standards,a manager can

• A)set standards that employees view as possible to achieve.
• B)set standards low enough that all employees can easily meet them.
• C)tell employees that you might not use the standards.
• D)focus on controlling negative behavior.
• E)let employees know that you take your own performance measures.

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Definitions:

Effective Annual Rate

The interest rate on an investment or loan that is annualized and takes compounding into account, providing a full picture of the annual interest.

Effective Annual Rate

The real interest rate a savings account, loan, or investment earns, once compounding has been taken into consideration.

Annual Percentage Rate

The yearly interest rate applied to loans or gained from investments, encompassing all associated fees and extra expenses related to the transaction.

Stated Rate

The nominal interest rate of a financial instrument, not including any compounding interest or fees.