Fernando,a Production Manager at Wind Chimes Inc

question 10

Multiple Choice

Fernando,a production manager at Wind Chimes Inc.,thinks subordinates are unreliable sources of performance appraisal information for evaluating the performance of managers.However,Jose,the sales manager,thinks subordinates act as good sources of performance appraisal information.Whose argument is most likely to be correct and why?

• A) Jose is right because subordinates often have reliable information about a manager's behavior toward employees.
• B) Fernando is right because subordinates are often willing to say negative things about the person to whom they report.
• C) Jose is right because when feedback forms need subordinates' names on them, the subordinates tend to give lower ratings to the manager.
• D) Fernando is right because when managers receive ratings from their subordinates, the employees have less power.
• E) Jose is right because subordinate evaluations are most appropriate for strategic purposes.

Identify conditions of excess supply and excess demand in a market and predict the market's response.

Analyze the effects of price changes on market equilibrium.

Understand the impact of external factors (like an increase in the price of raw materials) on supply and demand.

Grasp the concept of quantity demanded and quantity supplied and how they change with price movements.

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Definitions:

Comparative Negligence

A legal doctrine that distributes the responsibility and damages among the parties involved in an accident based on their respective degrees of fault.

Ordinary Care

The standard of care that a reasonably prudent person would use in a similar situation to avoid harm to others.

Alteration

The act of modifying or changing something, often referring to documents, clothing, or physical structures.

Same Sex Alliance

A partnership, union, or alliance that involves individuals of the same gender; often used in the context of legally recognized relationships or marriages.