A company rates every employee as below average, average, or above average. Past performance indicates that each
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A company rates every employee as below average, average, or above average. Past performance indicates that each year 10% of the below average employees will raise their rating to average and 25% of the average employees will raise their rating to above average. On the other hand, 15% of the average employees will lower their rating to below average, and 15% of the above average employees will lower their rating to average. Company policy prohibits rating changes from below average to above average or conversely in a single year. Over the long run, what percentage of employees will receive below average ratings? Average ratings? Above average ratings?
Related Book For
Strategic Management and Competitive Advantage Concepts and Cases
ISBN: 978-0133127409
5th edition
Authors: Jay B. Barney, William Hesterly
Posted Date: