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Advantages and disadvantages of using relative standards

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"It's a dog-eat-dog world out there" according to Jackson, president of Onleo as he defended their use of relative standards to evaluate employees. "If Onleo falls below 10 percent market share, we are finished. Why shouldn't our employees who are in the bottom 10 percent lose their jobs?" Evaluate Jackson's point of view and explain the advantages and disadvantages of using relative standards and firing the lowest-ranked performers. How do you feel about the practice?

Reference no: EM133044841

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