Deming's Major Argument Regarding Performance Appraisals Is That

question 38

Multiple Choice

Deming's major argument regarding performance appraisals is that:

• A) the work situation is the major determinant of performance.
• B) performance appraisals support team work.
• C) peer ratings are better than supervisor ratings.
• D) lack of training makes performance appraisals redundant.

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Definitions:

Commodity Futures

Financial contracts obligating the buyer to purchase an asset, or the seller to sell an asset, such as a physical commodity or a financial instrument, at a predetermined future date and price.

Price

The amount of money or its equivalent paid or charged for something, often determined by supply and demand.

Standardization

The process of establishing common standards or norms to ensure that products, services, or processes are consistent and compatible.

Futures Contracts

Standardized legal agreements to buy or sell something at a predetermined price at a specified time in the future, often used for commodities or financial instruments.