Tom Jones Is a College Student with No Business Experience

question 35

Multiple Choice

Tom Jones is a college student with no business experience. Jones is most likely to worry about his decision to become a franchisee primarily because of the

• A) restrictions on business operations.
• B) restrictions on company growth.
• C) requirement to work at least 40 hours per week.
• D) increase in entrepreneurial independence.

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Definitions:

Criterion-related Validity

The extent to which a measure is associated with an external criterion or outcome, assessing the test's predictive or concurrent accuracy.

Content Validity

The extent to which a test measures all aspects of the concept it intends to measure.

Criterion-related Reliability

A measure of how well a test predicts or correlates with a specific outcome or behavior, used to assess the validity of the test for specific purposes.

Construct Validity

The extent to which a test or instrument measures the theoretical concept or construct that it is intended to measure.