The Performance Management Method That Requires Managers to Rate the Frequency

question 39

Multiple Choice

The performance management method that requires managers to rate the frequency with which the employee has exhibited a behavior during a rating period is the _____.

• A)simple ranking method
• B)behavioral observation scale
• C)graphic rating scale
• D)organizational behavior modification method
• E)forced distribution scale

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Definitions:

AVC

Average Variable Cost, which is calculated by dividing the variable costs by the quantity of output produced.

Economic Loss

A decrease in financial wealth, including lost opportunity, costs, inefficiencies, or expenditures that exceed the benefits.

Fixed Cost

Costs that do not vary with the level of output or operations, such as rent, salaries, and insurance premiums.

Economic Loss

The negative difference between a company's revenues and its expenses, including opportunity costs.