Which of the Following Is FALSE

question 37

Multiple Choice

Which of the following is FALSE?

• A) Narrative methods and MBO work better for higher-level jobs than for lower-level jobs.
• B) Category scaling methods are not helpful in measuring strategic accomplishments of employees.
• C) The MBO method takes quite a bit of time to define expectations and explain the process to employees.
• D) It is important to use only one type of performance appraisal method for each category of employee.

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Definitions:

Fixed Costs

These are business expenses that remain constant regardless of the level of goods or services produced, such as rent, salaries, and insurance premiums.

Average Variable Cost

The total variable costs divided by the quantity of output produced, representing the variable cost per unit.

Marginal Cost

The additional cost incurred by producing one more unit of a good or service.

Fixed Costs

Costs that do not vary with the level of output or production in the short term, such as rent or salaries.