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If I need to know who among three employees I should promote and I want the promotion to go to the best performer, then the

If I need to know who among three employees I should promote and I want the promotion to go to the best performer, then the least expensive appraisal method I could use would be:
Simple ranking system
Behaviorally-anchored rating system
Multiple rater observations and interviews
Graphic rating scales to measure all compensable factors
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