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Jim,an Operating Manager at a Financial Services Firm,is Conducting a Performance

question 53

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Jim,an operating manager at a financial services firm,is conducting a performance appraisal of the employees in his department,ranking them from the most to the least valuable.He lists the names of the employees to be rated on the left side of a sheet of paper.Then he chooses the most valuable employee on the list,crosses that name off the left-hand list,and puts it at the top of the column on the right-hand side of the paper.Next,he selects and crosses off the name of the least valuable employee from the left-hand column and moves it to the bottom of the right-hand column.Jim repeats this process for all of the names on the left-hand side of the paper.The resulting list of names in the right-hand column gives a ranking of the employees from most to least valuable.Identify the ranking method Jim is using.


Definitions:

Compound Word

A word composed of two or more separate words that are combined to create a new word with a unified meaning.

Overconfidence

The tendency to be more confident than correct—to overestimate the accuracy of our beliefs and judgments.

Hiring Ability

The capacity or skill of a person or organization to identify, evaluate, and recruit suitable candidates for employment.

Confirmation Bias

The tendency to interpret, seek out, and create information that confirms one's preexisting beliefs or hypotheses.

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