During the Hiring Process,companies That Test Sales Applicants Typically Measure

question 25

Multiple Choice

During the hiring process,companies that test sales applicants typically measure all of the following abilities EXCEPT ________.

• A) sales aptitude
• B) organizational skills
• C) accounting skills
• D) analytical skills
• E) personality traits

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Definitions:

Diminishing Returns

A principle stating that as investment in a single area increases, the rate of profit from that investment, after a certain point, cannot continue to increase if other variables remain at a constant.

Labor Curve

A graphical representation showing the relationship between the quantity of labor supplied and the wage rate.

Diminishing Returns

A principle stating that the addition of more of one factor of production, holding all else constant, will at some point yield lower incremental per-unit returns.

Marginal Product

The additional output resulting from the use of one more unit of a variable input, holding other inputs constant.