Examlex

Solved

The Ranking Method and Forced Distributions Are Examples of __________

question 12

Multiple Choice

The ranking method and forced distributions are examples of __________ performance evaluation methods


Definitions:

Firm

A business organization, such as a corporation, partnership, or sole proprietorship, that sells goods or services.

Factor Markets

Markets where productive resources (like labor, land, and capital) are bought and sold.

Product Markets

Markets where final goods or services are bought and sold, as opposed to factor markets where raw materials, labor, and capital are traded.

Entrepreneur

A person who organizes, manages, and assumes the risks of a firm, taking a new idea or a new product and turning it into a successful business.

Related Questions