Marjet Had Just Returned from a Training Session on Rater

question 8

Multiple Choice

Marjet had just returned from a training session on rater biases.She was fascinated with the lively discussion that took place within the group being trained.Marjet agreed with her colleague,June,that their supervisor just generally seemed to evaluate everyone in their department very harshly.Michael,in purchasing,indicated that his boss seemed to be always focused on the results of work that was performed only two months before the annual performance evaluation interview.Jeff,in marketing,was frustrated because he felt that he was always being compared to other employees in the marketing department rather than on performance or results.He felt he was rated lower than his colleagues since he didn't have an MBA like they did.Helena was really happy that she got along so well with her supervisor,and they had been friends for many years prior to working with the firm.She thought she might be evaluated more leniently as a result.
-Michael's supervisor in purchasing likely has a rater bias of a

• A)recency effect.
• B)leniency bias.
• C)error of central tendency.
• D)strictness bias.
• E)halo effect.

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Definitions:

Income Distributions

Payments made from a fund or account to investors, typically from earned interest or dividends from investments.

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The value per share of a mutual fund or an ETF, calculated by dividing the total value of all the securities in the portfolio, minus any liabilities, by the number of shares outstanding.

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Various approaches or strategies investors implement to allocate assets across different sectors or securities.