In the Graphic Rating Scale, the Manager

question 17

Multiple Choice

In the graphic rating scale, the manager:

• A)defines performance dimensions by developing behavioral anchors associated with different levels of performance.
• B)defines the relevant performance dimensions and then develops statements representing good, average, and poor performance along each dimension.
• C)considers one employee at a time, circling the number that signifies how much of that trait the individual has.
• D)identifies and provides descriptions of competencies that are common for an entire occupation, organization, job family, or a specific job.
• E)is required to compare every employee with every other employee in the work group, giving an employee a score of 1 every time he or she is considered the higher performer.

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Definitions:

Deceptive Pricing

A misleading business practice where the price advertised is not fully transparent, leading consumers to believe they are paying less than the actual cost.

Price Discrimination

A pricing strategy where a company charges different prices for the same product or service based on various criteria like customer location, purchasing power, or quantity bought.

Vertical Price Fixing

An agreement among participants on different levels of the same supply chain to control prices passed on to consumers.

Tying Arrangement

A business agreement in which the sale of one product or service is linked to the purchase of an additional product or service.