The Technique That Ranks Employees into Predetermined Categories or Groups

question 29

Multiple Choice

The technique that ranks employees into predetermined categories or groups according to performance is called _____.

• A)forced distribution
• B)high/low ranking system
• C)paired comparison
• D)strictness
• E)simple ranking

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Definitions:

Lump Sum

A single payment made at a particular time, as opposed to a series of payments made over time.

Monthly Compounded

Refers to the process of calculating interest on both the initial principal and the accumulated interest from previous periods on a monthly basis.

Nominal Rate

The interest rate before adjustments for inflation, often referred to as the stated or face value rate of interest.

Membership Fee

A charge paid to belong to a club, organization, or online service, typically on a recurring annual or monthly basis.