Table 3-1
Assume that Sardi and Tinaka can switch between producing corn and producing pork at a constant rate.
-Refer to Table 3-1.Sardi has a comparative advantage in the production of
Definitions:
Comparative Evaluation
The process of comparing one set of data, elements, or situations with another to assess its value or performance in relation to a standard or another entity.
Ranking Method
A method of evaluating employees that ranks them from best to worst on some trait.
Forced Distributions
A performance evaluation method where employees are ranked and rated according to a predetermined distribution curve, often to identify top performers, average performers, and underperformers.
360-Degree Performance
A method of performance assessment where an employee is evaluated by feedback from supervisors, peers, subordinates, and sometimes clients.
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