The ________ Bias Can Explain Why Managers Doing Performance Appraisals

question 38

Multiple Choice

The ________ bias can explain why managers doing performance appraisals give more weight to recent employee behaviours than to behaviours of 6 or 9 months earlier.

• A) self-serving
• B) availability
• C) distinction
• D) confirmation
• E) hindsight

Appreciate the delicate and sensitive nature of exercising power effectively.

Understand the concept of legitimate power and its basis in social structures and organizational effectiveness.

Recognize the role of obedience and willingness in the effectiveness of legitimate power.

Identify the different strategies negotiators use and the nature of expert power.

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Definitions:

Monthly Production Volume

The total quantity of goods produced by a business in a month, often analyzed to gauge efficiency, plan inventory needs, or assess production capacity.

Total Cost

The sum of all expenses incurred in the production of goods or services, including both fixed and variable costs.

Mixed Cost

Expenses that have both fixed and variable components, changing partially in response to an alteration in business activity level.

High-low Method

A method applied within cost accounting that helps in determining fixed and variable expenses by examining the highest and lowest activity levels.