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Q. What do you mean by Ranking method?
Ranking method: in this, the superior ranks his or her subordinates in the order of their merits, starting from the best of the worst. All that the HR development knows is that A is better than B, the "how" and "why" is not questioned, nor answered. No attempt is made to fractionalize what is being appraised into the component elements. This method is subject to the halo and regency effects, although ranking by the two or more rates can be averaged to help reduced biases. It advantages ease to administration and explanation.
Trust them with knee-jerk reactions," said Vikram Koshy, CEO, Delta Software India, as he looked at the quarterly report of Top Line Securities, a well-known equity research firm.
Norms are formed and enforced only in relation to things that have significance for the group. Norms convey what is distinctive about the group to outsiders and are likely to be en
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"EFFECTIVE HUMAN RESOURCES MANAGEMENT DEPENDS UPON SOUND REWARD SYSTEM" COMMENT
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