The _____ Approach Involves Collecting Performance Information Not Just from the Supervisor

question 99

Multiple Choice

The _____ approach involves collecting performance information not just from the supervisor but from anyone else who might have firsthand knowledge about the employee's performance behaviors.

• A)behaviorally anchored rating scales
• B)management by objectives
• C)360-degree feedback
• D)behavioral observation scales
• E)benchmarking

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Definitions:

Market

An economic concept referring to a mechanism or environment where buyers and sellers interact to exchange goods, services, or information.

Dominant Strategy

In game theory, a strategy that is best for a player in a game regardless of the strategies chosen by the other players.

Economic Profit

The difference between revenue received from the sale of an output and the opportunity cost of the inputs used.

Nash Equilibrium

A concept in game theory where no player can benefit by changing their strategy while the other players keep theirs unchanged, representing a state of strategic balance.