Which of the Following Is an Example of Selection Device

question 72

Multiple Choice

Which of the following is an example of selection device reliability?

• A) A protected group individual was given a low selection score and was a poor job performer.
• B) The intelligence test significantly predicted the job performance of 250 job applicants.
• C) An applicant's score on an intelligence test predicted his or her job performance.
• D) A superior job performer was given a low interview score by all five independent interviewers.

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Definitions:

Control Over Price

The ability of a person or organization to influence the price at which goods or services are sold.

Contestable Market

A market structure where there are no barriers to entry or exit, ensuring that prices remain competitive even in the absence of a large number of sellers.

Minimum-cost Production

A principle in economics where goods and services are produced at the lowest possible cost, maximizing efficiency and resource use.

Normal Profit Rate

Zero economic profit, providing just the competitive rate of return on the capital (and labor) of owners. An above-normal profit will draw more entry into the market, whereas a below-normal profit will lead to an exit of investors and capital.