ECON 219 Lecture Notes - Lecture 9: Morgan Stanley
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ECON 219 Full Course Notes
Verified Note
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Document Summary
Bos (how often they talk to customers 1-10) Inexpensive; the same rating form can be used for all jobs in organization. Reduce rater error; provide behavioural feedback to employees. Expensive; unique rating forms must be developed for every job in organization. Tailored to individual employee s needs and abilities; excellent for providing developmental feedback. Not easily used for many administrative decisions, because employees are evaluated on a common scale. Eliminated some rater errors, but may be perceived as subjective; not very effective in providing developmental feedback.
