Examlex
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?
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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