Due to the Lack of Construct Validity Plaguing Assessment Center

question 19

Multiple Choice

Due to the lack of construct validity plaguing assessment center dimension scores

• A)Employees should be given specific feedback on dimension scores.
• B)Hiring decisions should be based on dimension scores.
• C)Hiring decisions should not be based on an overall assessment center score.
• D)Employees should not be given specific feedback on dimension scores.

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Definitions:

Economic Profit

The difference between a firm's total revenues and its total costs, including both explicit and implicit costs, representing an excess return over and above normal profits.

Price Takers

Firms or individuals who accept the market price as is because they do not have enough market power to influence the price of the goods or services they sell.

Downward-Sloping Demand

A concept in economics that indicates demand for a good or service decreases as its price increases, assuming all other factors remain constant.