Based on Corporate Surveys,which of the Following Is a True

question 56

Multiple Choice

Based on corporate surveys,which of the following is a true statement?

• A) Very few employers require any type of performance appraisal.
• B) Very few employers conduct performance appraisals on an annual basis.
• C) Most employers require a review and feedback session during the appraisal process.
• D) Most employers use behaviorally anchored rating scales for performance appraisals.
• E) Most employers link performance appraisals to employee pay raises and bonuses.

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Definitions:

Demand Equals Supply

An equilibrium condition in markets where the quantity of a good demanded by consumers is equal to the quantity of the good supplied by producers.

Numeraire

is a standard unit of measurement in economic models used to express prices and exchange rates.

Edgeworth Box

A diagram used in economics to show the distribution of resources and the allocation of goods in a two-person, two-good economy.

Contract Curve

In economics, the curve that represents the set of Pareto efficient allocations in an Edgeworth Box diagram.