Every Year 10% of GE's Managers Are Assigned the Bottom

question 102

True/False

Every year 10% of GE's managers are assigned the bottom grade,and if they don't improve,they are asked to leave the company.This is an example of a forced ranking performance review system.

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Definitions:

Poverty Rate

The percentage of the population that lives below the nation's official poverty line, reflecting the proportion of individuals living in poverty.

Official Statistics

Quantitative data gathered and published by government agencies or other public bodies to inform analysis and decision making.

Income Distribution

The way in which a nation’s total GDP is spread amongst its population, impacting the standard of living and degree of inequality among the populace.

Poorest Quintile

The segment of the population that falls in the bottom 20% in terms of income distribution.