Two Tools Often Used in the Selection Process Are ________

question 34

Multiple Choice

Two tools often used in the selection process are ________.

• A)recruitment and training
• B)testing and assessment centers
• C)programmed learning and performance appraisal
• D)affirmative action program and learning-by-doing
• E)public and private employment agencies

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Definitions:

Demand Schedule

A table that shows the quantity of a good or service that consumers are willing to buy at each price point.

Total Cost

Represents the complete cost of production, including both fixed and variable costs, for producing a certain amount of goods or services.

Elastic

Describes a situation in which the supply or demand for a good or service is highly responsive to changes in price.

Excess Capacity

A situation where a firm is producing at a level less than its maximum possible output, leading to unused resources.