Checking of References for Job Applicants Is Considered

question 15

Multiple Choice

Checking of references for job applicants is considered:

• A) to be generally unreliable.
• B) to be a screening device.
• C) to be a waste of time.
• D) to be an invasion of privacy.

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Definitions:

Profit Maximizing

The process or strategy employed by firms to increase their profits to the highest possible level by adjusting output, pricing, or other operational decisions.

Price Of Output

The selling price of goods or services produced by a company.

Long-Run Equilibrium

A state in economics where all factors of production and costs are variable, leading to a situation where firms are earning normal profits and no new firms enter or exit the industry.

Plaster

A building material used for coating, protecting, and decorating walls and ceilings, made from lime, sand, and water.