Louis, an Information Technology Manager, Needs to Select a New

question 80

Multiple Choice

Louis, an information technology manager, needs to select a new employee. Which of the following would Louis not normally use as a part of the employee selection process?

• A) Performance appraisals
• B) Ability and aptitude tests
• C) Applications and résumés
• D) Medical examinations
• E) Reference checks

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Definitions:

Natural Monopoly

A market condition where a single firm can supply a product or service at a lower cost than any potential competitor, often due to economies of scale.

Marginal Cost

The outlay for making one more unit of a product or service.

Profit Per Unit

The amount of profit earned by selling one unit of a product or service.