The Individual Manager of a Mutual Fund Has Little to Do

question 24

True/False

The individual manager of a mutual fund has little to do with the fund's success.

Understand the various sources and impacts of biases on performance appraisals.

Understand the definition, purposes, and benefits of conducting performance appraisals.

Understand the importance and objectives of employee training within an organization.

Recognize the purpose and components of effective employee orientation programs.

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Definitions:

Core Job Characteristics

Fundamental attributes of a job that can affect an employee's work motivation and satisfaction, such as skill variety, task identity, task significance, autonomy, and feedback.

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An approach to job design that involves broadening the range of tasks performed by an employee to add variety and encourage skill development.

Form Natural Units

Organize or group elements based on inherent or intrinsic characteristics that naturally belong together.

Open Feedback Channels

Systems or processes established to facilitate the free exchange of feedback among individuals or groups within an organization.