Consider the Following Information About Job Opportunities for New College

question 14

Multiple Choice

Consider the following information about job opportunities for new college graduates in Megalopolis:Table 5.1

-Refer to Table 5.1. A risk-neutral individual making a decision solely on the basis of the above information would choose to major in:

• A) accounting.
• B) economics.
• C) English.
• D) political science.
• E) mathematics.

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Definitions:

Diversification Strategy

A diversification strategy is used by companies that are adding new products, product lines, or businesses to their existing core products, product lines, or businesses.

Fleishman Job-Analysis

A systematic method for evaluating the skills, abilities, and knowledge required for specific jobs, developed by Edwin A. Fleishman.

Taxonomy

A system of classification that organizes concepts, objects, or information into categories based on shared characteristics or attributes.

Mental Processes

The internal, covert activities of our minds, such as thinking, feeling, and remembering.