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WITCHER [35]
3 years ago
15

Jan Stevenson, a sales representative at a medical systems company, just received her performance appraisal from her boss, Linda

Jones. Although Jan has been mostly a marginal to average performer, Linda gave Jan excellent ratings. This is an example of what type of rating error?
(a) Severity
(b) Central tendency
(c) Halo Error
(d) Leniency
Business
2 answers:
amid [387]3 years ago
6 0

Answer:

(d) Leniency

Explanation:

Based on the information provided within the question it can be said that this scenario is an example of leniency. This is a rater's bias in which a rater gives an individual a rating that may be a little too positive based on the factors that they need to be taking into account when rating. Such as is the case in this scenario since Linda gave Jan excellent ratings even though her performance is average at best.

kondor19780726 [428]3 years ago
4 0

Answer:

The correct answer is letter "D": Leniency.

Explanation:

Leniency refers to the treat an individual may receive by which punishment or judgment is given not as severe as the individual expected. In business, the term refers to the reduction of penalties applied to certain corporations that contribute to antitrust authorities in cartel investigations.

In such a  case, <em>Jan has been benefited with leniency because even if she has been underperforming at work, her appraisal included optimal ratings.</em>

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Identify how to calculate nominal interest rates and real interest rates. Assume that you put $100 in the bank. Use numeric exam
Alik [6]

Answer: Please refer to Explanation

Explanation:

To answer this question we will assume that the Nominal Interest rate is equal to 10% then we can be free to manipulate the Real Interest Rate.

Now the Real Interest Rate is the Nominal Interest Rate adjusted for inflation in the following manner,

Real interest rate= Nominal interest rate - inflation rate.

Let's go through 3 scenarios now.

1. REAL interest rate is positive.

If the Real Interest rate is positive, that would mean that Inflation rate is LESS than the Nominal Interest rate.

Assuming the inflation rate is 5% then that would mean that real interest rate is,

= 10% - 5%

= 5%.

Seeing as you have $100 in the bank. If using Nominal Rates alone you would have earned,

= 100 * (1+0.1)

= $110

However with a rate that caters for inflation (Real Interest Rate) you would earn only,

= 100 * (1 + 0.05)

= $105

2. REAL interest rate stays the same

If the Real Interest rate does not change, that would mean that Inflation rate is EQUAL to Nominal Interest rate.

Assuming the inflation rate is 10% then that would mean that real interest rate is,

= 10% - 10%

= 0% meaning that there was no change.

You have that same $100 in the bank. If using Nominal Rates alone you would have earned,

= 100 * (1+0.1)

= $110

However with a rate that caters for inflation (Real Interest Rate) you would earn only,

= 100 * (1 + 0.00)

= $100

Your money in the bank would in REAL TERMS not have changed because whatever profit you made was wiped out by inflation.

3. REAL interest rate is negative.

If the Real Interest rate is negative, that would sadly mean that Inflation rate is MORE than the Nominal Interest rate.

Assuming the inflation rate is 15% then that would mean that real interest rate is,

= 10% - 15%

= -5%.

Seeing as you have $100 in the bank. If using Nominal Rates alone you would have earned,

= 100 * (1+0.1)

= $110

However with a rate that caters for inflation (Real Interest Rate) you would earn only,

= 100 * (1 - 0.05)

= $95

If inflation were to be catered for, the value of your money has actually decreased from $100 to $95 because inflation rose at a faster rate than nominal inflation. This means that the money you had can buy only 95% of what it could before.

This is why the Real Interest Rate is Important. It shows you whether you are actually making a profit based on the rate at which prices are rising in the Economy. It is crucial that the Real Rate is calculated so that you get adequate compensation for your Investment.

4 0
3 years ago
Which control standard is stated most effectively?
MaRussiya [10]

The  control standard that is stated most effectively is: Increase sales of our top-end product from 2000 in the first quarter to 3000 during the same period by 2024.

<h3>What is meant by the term control standard?</h3>

This is the term that is used to refer to all of the set standards in an organization that has the ability of taking care of several measures as well as their control and all forms of corrective measures.

It helps in the comparison of the subsequent performance with the performance that used to exist.

Hence we would say that the answer is Increase sales of our top-end product from 2000 in the first quarter to 3000 during the same period by 2024.

Read more on control standard here: brainly.com/question/28593978

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3 0
1 year ago
Kristen saved for over a year so that she could afford a trip to the super bowl if her favorite team won the title. she was exci
EleoNora [17]

Answer:

This is effort justification

Explanation:

Kristen is justifying the effort of going to the Superbowl. She is saying she had a good time even though her team lost and the game was boring.

5 0
3 years ago
Sonya and taylor enter into an oral contract that is required to be in writing to be enforceable. Such a contract is normally.
zhannawk [14.2K]

Such a contract is normally voidable by a party who does not wish to follow through with it.

Voidable Contract: A formal agreement between two parties that is voidable can become unenforceable for a variety of legal reasons, such as: failure to reveal a crucial truth by one or both parties. a blunder, false statement, or fraud. excessive pressure or coercion.

A contract involving a minor is an illustration of one that is voidable. Although minors are able to sign contracts, they are also free to choose to break them without facing any consequences.

fraud, deception, misrepresentation, and coercion. A contract may be voidable if permission was obtained for it in one of several dubious methods. The party who was the victim of unfairness has the right to revoke contracts that were made as a result of force, threats, lies, or inappropriate influence.

What are the effects of a contract that can be voided?

If a party to a voidable contract has received anything from another party under that contract, that party must return that thing, to the extent possible, to the person from whom it was obtained.

To learn more about Voidable Contract, visit the following link:

brainly.com/question/17162523

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6 0
1 year ago
In 2016, due to a change in marketing forecasts, Barney Corporation reduced the projected life of its patent for producing round
Effectus [21]

Answer:

(C) Unaffected.

Explanation:

This is a change in estimate. No prior period adjustment is needed.

3 0
3 years ago
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