Perceptual Biases in Performance Appraisal Can Be Caused By

question 22

Multiple Choice

Perceptual biases in performance appraisal can be caused by:

• A) the extent to which that performance is consistent with the rater's initial expectations.
• B) the nature of the rater's attributions about the performance.
• C) the characteristics of the person being perceived, as well as those of the perceiver.
• D) All of the above.

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Definitions:

Resource Market

A marketplace where resources or inputs (like labor, capital, and raw materials) needed for production are bought and sold.

Incentive Problem

A situation where the economic incentives offered do not align with desirable outcomes, leading to inefficiency or undesired behavior.

Communist Central Planning

An economic system where the government makes all decisions regarding the production and distribution of goods and services.

Shortages

Situations where the demand for a product or service exceeds the available supply, often leading to waiting lists or increased prices.