Mgmt 314 test Study guides, Class notes & Summaries

A supply chain is defined as the group of firms that provide all processes required to make a finished product available to the customer True/False - True MRP stands for Materials Requirement Planning True/False - False Materials resource planning Information flows in both direction in supply chain True/False - True ECR stands for efficient consumer response True/Fals - True SCM suppliers should be viewed as "partners" True/False - True When a ...

Validity - Degree to which our measure assesses all relevant (and only relevant) aspects of performance Therefore, does our measure correlate with some outcome of interest, such as: Manager ratings of job performance Objective measures of job performance Customer satisfaction ratings Absenteeism Theft Accidents Validity Measures - A good level of validity for most selection measures is r = .20 or .30. This seems low until you realize: That unreliability harms validit...