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Clayton,a Supervisor,needs to Rate the Performance of 20 Subordinates

question 8

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Clayton,a supervisor,needs to rate the performance of 20 subordinates.He uses a rating scale to rate them on a scale of 1 to 10.He rates 18 employees at 5,which leads to central tendency.In the context of types of rating errors,Clayton commits the _____ error.


Definitions:

Actual Market Share

The real or actual percentage of a market controlled by a company or product, measured by sales volume or revenue.

Demand Curve

This reflects how the quantity demanded of a good or service varies with changes in its price, typically sloping downward from left to right.

Network Externalities

The effect that additional users of a good or service have on the value of that product to others, where increased usage can enhance value.

Externality

An economic term referring to a side effect or consequence of an industrial or commercial activity that affects other parties without this being reflected in the cost of the goods or services involved.

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