Steve Applied for a Position at BluTech

question 4

Multiple Choice

Steve applied for a position at BluTech. The interviewers predicted that he would not succeed in the position and rejected him. Steve was then hired in a similar position at RayZo, BluTech's main competitor. Steve was very successful at RayZo, playing a key role in the development of a product that took market share away from BluTech. From BluTech's position, the selection decision regarding Steve was a

• A)hit; Steve would have succeeded on the job.
• B)hit; Steve would have failed on the job.
• C)miss; Steve would have succeeded on the job.
• D)miss; Steve would have failed on the job.

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Definitions:

Straight Life Insurance

A type of permanent life insurance where the insured pays a consistent premium throughout their lifetime, and the policy pays out a death benefit to the beneficiaries when the insured dies.

Loan Value

The maximum amount of money that a lender will provide to a borrower, often based on the value of the collateral pledged.

Cash Surrender Value

The amount of money an insurance policyholder can receive from the insurer by canceling the policy before it matures or the insured event occurs.

Outstanding

Exceptionally good or prominently distinguished; can also refer to something that is yet to be paid, completed, or resolved.