To Minimize Halo Perceptual Error,a Manager Should

question 17

Multiple Choice

To minimize halo perceptual error,a manager should

• A) record examples of positive and negative performance throughout the year.
• B) be fair and realistic in evaluations.
• C) define an accurate profile with both high and low points.
• D) evaluate employees against a predetermined standard twice a year.
• E) provide only negative or corrective feedback so employees will improve.

---

Definitions:

Present Value

The current value of a future sum of money or stream of cash flows, given a specified rate of return.

Immediate Cash Outflow

Expenditures or payments that require immediate disbursement of cash from a business.

Working Capital

is the difference between a company's current assets and current liabilities, indicating its short-term financial health.

Salvage Value

Salvage value is the estimated residual value of an asset at the end of its useful life, reflecting its expected worth in secondary markets.