Managers at A-1 Enterprises Use the Rating Scales Method to Evaluate

question 95

Multiple Choice

Managers at A-1 Enterprises use the rating scales method to evaluate employee performance.Ratings are based on factors such as attitude,loyalty,and personality.What is the most likely problem with this type of performance appraisal system?

• A) leniency
• B) lack of objectivity
• C) strictness
• D) central tendency

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Definitions:

Subsector

A specific part of a larger sector or industry, categorized by similar business activities or products.

Capital Market

A financial market in which long-term debt (over a year) or equity-backed securities are bought and sold.

Federal Reserve Bank

The central banking system of the United States, responsible for setting monetary policy, issuing currency, and overseeing the nation's banking system.

Commercial Banks

Financial institutions that provide a wide range of banking services to individuals and businesses, including accepting deposits, lending money, and offering checking and savings account services.