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Paul Is a Manager at Firefly Corp

question 7

Multiple Choice

Paul is a manager at Firefly Corp.,and he uses a rating approach to evaluate his employees.He considers one employee at a time and circles a number or a word to signify the degree to which that employee demonstrates a particular trait in the scale.Which of the following approaches is Paul using to assess his employees?


Definitions:

Interest Rate

The cost of borrowing money or the reward for saving, typically expressed as a percentage of the principal amount annually.

Equilibrium Rate

The price or level at which supply and demand in a particular market are equal.

Usury Law

Legislation designed to regulate interest rates by setting a maximum rate that can be charged on loans and credit.

Interest Rate

The cost of borrowing money, expressed as a percentage of the amount loaned, which lenders charge borrowers or the rate earned by depositors.

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