Wilson Consulting Is a Management Consulting Firm with Seventy Employees

question 5

Multiple Choice

Wilson Consulting is a management consulting firm with seventy employees.As associate vice president of marketing,Suzanne Boyle is responsible for conducting performance appraisals of the twelve employees under her direct supervision.Suzanne plans to use a graphic rating scale to evaluate the performance of her subordinates. Which of the following,if true,best supports the argument that a graphic rating scale is the most appropriate performance appraisal tool for Suzanne to use?

• A) The firm wants Suzanne to evaluate her subordinates on an ongoing basis and to keep a log of critical incidents.
• B) Employees in Suzanne's department who are categorized in the bottom 10% of the firm's employees will be immediately dismissed.
• C) Suzanne wants to ensure that the firm is protected from employee discrimination lawsuits, so she has conducted a job analysis of each position.
• D) Suzanne wants a quantitative rating of each employee based on competencies important to the firm, such as problem-solving skills.
• E) Employees in Suzanne's department participated in developing their own performance standards when they were first hired by the firm.

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Definitions:

Chapter 11 Bankruptcy

Chapter 11 Bankruptcy is a legal process that allows businesses to reorganize their debts under the protection of the bankruptcy court, aiming to return to profitability while repaying creditors in an orderly fashion.

Reorganization Value

Reorganization Value is the estimated value of a company's assets during restructuring or bankruptcy proceedings, often used to assess the potential recovery for creditors and investors.

Unsecured Creditors

Creditors who have lent money without taking collateral, meaning they have no special claim on a debtor’s assets if the debtor fails to pay.

Total Assets

The sum of all resources owned by a company, valued at the time of the balance sheet creation.