The Move of the "Baby Boomers" into the 45-64 Age

question 220

Multiple Choice

The move of the "Baby Boomers" into the 45-64 age group:

• A) increased the average age of the population.
• B) created new opportunities in financial services.
• C) contributed to increased interest in health and fitness products.
• D) All of these are correct.

---

Definitions:

Recency Bias

The overemphasis of the most recent behaviours when evaluating individuals’ performance.

Evaluations

The process of assessing or judging the performance, qualities, or value of someone or something.

Behaviourally Anchored Rating Scale

A scale that uses specific descriptions of actual behaviours to rate various levels of performance.

Performance Appraisal

The systematic evaluation of employee performance against set objectives, often used as a basis for decisions on promotions, bonuses, and developmental needs.