Adverse Selection Is a Situation in Which

question 156

Multiple Choice

Adverse selection is a situation in which

• A)only men are hired for particular jobs
• B)comparable worth laws actually reduce the number of women in certain professions
• C)people who use illegal drugs apply for jobs where employers do not use drug testing
• D)employers have a better knowledge of the productivity of labor suppliers than do the labor suppliers
• E)employers attempt to quantify the productivity of their workers

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Definitions:

Balanced Scorecard

A strategic planning and management system used by organizations to communicate what they are trying to accomplish and to measure and align performance against strategic goals.

Northern Canada

A geographic region in Canada, characterized by its arctic and subarctic climates, encompassing territories such as Yukon, Northwest Territories, and Nunavut.

Re-recruiting

The strategy of engaging and rehiring former employees or applicants to fill current vacancies.

Network Recruiting

A recruitment strategy that utilizes an organization's existing employees' networks to identify and attract potential candidates.