A Change in the _____ Environment Can Affect Consumer Purchases

question 110

Multiple Choice

A change in the _____ environment can affect consumer purchases of homes, cars, and other items usually bought on credit.

• A) legal
• B) political
• C) social/cultural
• D) technological
• E) economic

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Definitions:

Performance Appraisal

The process of evaluating an employee's performance at work, typically to guide decisions on promotions, pay raises, and training needs.

Behaviorally Anchored Rating Scale

A method for evaluating employee performance based on specific behavioral examples that represent different levels of achievement.

Performance Appraisal

A systematic evaluation of an employee's job performance and productivity, typically conducted by their supervisor or manager, to inform decisions about promotions, raises, and training.

Forced Distribution Method

A performance evaluation method that assigns a certain percentage of employees to predetermined categories, such as high, average, or low performers, often resulting in a bell curve distribution.