Which of the Following Statements Is True of an Executive

question 54

Multiple Choice

Which of the following statements is true of an executive search firm?

• A) It specializes in finding applicants for high-level positions.
• B) It helps unemployed individuals avail state aid.
• C) It is more likely to serve the blue-collar labor market.
• D) It is the least expensive method of external recruiting.

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Definitions:

Prospect Theory

A psychological theory that describes how people make decisions based on the potential value of losses and gains rather than the final outcome.

Endowment Effect

A psychological phenomenon where people ascribe more value to things merely because they own them.

Prospect Theory

A behavioral economic theory that describes how people make decisions under conditions of risk and uncertainty, prioritizing losses differently from gains.

Framing Effect

A cognitive bias where people decide on options based on whether they are presented in positive or negative terms.