Which of the Following Methods of Performance Appraisal Allows the Evaluator

question 93

Multiple Choice

Which of the following methods of performance appraisal allows the evaluator to focus on vital behaviors that separate effective work performance from ineffective work performance?

• A) behaviorally anchored rating scale
• B) multiperson comparison
• C) critical incident
• D) graphic rating scale

Understand the criteria for a firm to decide on the profit-maximizing level of output in the short run.

Identify the circumstances under which a firm will shut down in the short run.

Distinguish between variable and fixed costs.

Calculate total revenue, total cost, and profit for a firm in a perfectly competitive market.

---

Definitions:

Justice

The concept of moral rightness based on ethics, law, fairness, and equity, extending also to the determination of just punishment for wrongdoing.

Property Rights

Legal rights to own, use, and dispose of assets including real estate, personal property, and intellectual property.

Ethical Decision Making

The method of assessing and selecting between different options in a way that aligns with moral standards.

Justice

The moral principle of fairness and the administration of the law according to standards of righteousness and equity.