The Appraisal Method for Employee Performance That Requires a Supervisor

question 86

True/False

The appraisal method for employee performance that requires a supervisor to record statements that describe extremely effective of ineffective behaviour related to job performance is called the behaviourally anchored rating scales method.

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Definitions:

Additional Utils

The extra satisfaction or utility a consumer receives from consuming one more unit of a good or service.

Optimal Consumption

The mix of goods and services purchased that maximizes the utility or satisfaction of a consumer given their budget constraint.

Marginal Utility

The additional pleasure a consumer experiences from acquiring another unit of a product or service.

Marginal Utility Per Dollar

The additional utility gained from spending one more dollar on a good or service.