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Marjet Had Just Returned from a Training Session on Rater

question 5

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.
-Marjet and June's supervisor likely has a rater bias of a

Understand homothetic preferences and their implications for consumer behavior across different income levels.

Recognize non-homothetic preferences and their impact on consumer's demand.

Understand qualitative methods for determining the impact of specific actions.

Maximize the reliability and validity of data collection through baseline measures.

Definitions:

Incentives

A factor, either monetary or non-monetary, that motivates individuals to perform an action.

Division Profits

The earnings generated by a specific division or segment of a larger company, reflecting its financial performance.

Profit Centers

Divisions or branches of a business that are treated as separate units for the purpose of calculating profitability, allowing for more focused financial analysis.

Decision Making

The cognitive process leading to the selection of a course of action among several alternatives.