Utility Theory Has Not Been Widely Used for Making Personnel

question 28

Multiple Choice

Utility theory has not been widely used for making personnel decisions because

• A)it is not as reliable as the Taylor-Russell table.
• B)the equations are difficult to apply.
• C)hit rates are low.
• D)variables must be dichotomous.

---

Definitions:

U.S. Trustee

A government official who performs administrative tasks that a bankruptcy judge would otherwise have to perform.

Petition

A formal written request, often signed by several individuals, appealing to authority with respect to a particular cause.

Cram-down Provision

A legal mechanism in bankruptcy proceedings allowing a court to approve a reorganization plan over the objections of some creditors.

Chapter 11

A provision of the United States Bankruptcy Code that allows businesses to reorganize and try to stay afloat while temporarily holding creditors at bay.