Refer to the Scenario Below to Answer the Following Questions

question 61

Multiple Choice

Refer to the scenario below to answer the following questions.
Performance Appraisal Methods (Scenario)
Carly has just returned from a conference on performance appraisal methods. It was an interesting conference and it generally confirmed what Carly had suspected about her company's performance management system-it required some drastic revision! The company's current method is to have the immediate supervisor write out an evaluation of each individual employee. This method is time-consuming for the supervisors, and is as much a test of their writing skills as it is an evaluation of actual employee performance. Carly considered three alternative methods to replace the current system. The first method was one of the oldest and most popular performance appraisals. It involved listing a set of performance factors such as quantity of work, quality of work, level of cooperation, etc., and then rating each factor on an incremental scale. The second alternative method involved a system that focused on specific and measurable job behaviours. It required appraisers to rate employees according to numbered items which each represented actual job behaviours, rather than general descriptions or traits. The third alternative method was very results-oriented and was often used to evaluate managers and professional employees based on their accomplishment of specific goals that had been jointly established with their superiors.
-What is the third alternative method that Carly is considering?

• A) MBO
• B) graphic rating scales
• C) BARS
• D) written essays
• E) multiperson comparisons

Examine the effects of an internal versus external locus of control on life outcomes.

Understand the relationship between self-management practices and health outcomes.

Explore the generational shift in locus of control and its implications on mental health.

Understand the significance of personal control perceptions in environmental and social contexts.

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Definitions:

Endowment Policy

A life insurance contract designed to pay a lump sum after a specified term (on its 'maturity') or on death, often used as a saving or investment strategy.

Life Policy

A life policy is an insurance agreement that pays out a sum of money either upon the death of the insured person or after a set period.

Premiums Payable

The amount due for payment on an insurance policy.

Deductible

The amount a policyholder must pay out of pocket before an insurance company will cover the remaining costs of a claim.