Fatima Is Being Interviewed for a Position as an Editor

question 105

Multiple Choice

Fatima is being interviewed for a position as an editor. At the start of the interview she is flustered and repeatedly mispronounces the name of the company she is applying to work for. She thinks the rest of the interview goes very well and she is confident about getting the job. Why might her confidence be misplaced?

• A) Interviewers will use stereotypes to judge her, so what she says and does at the interview will be of little importance.
• B) Most employment decisions have been made before the interview is conducted.
• C) Employers gain most of their knowledge of a potential employee's skill set through interviewing.
• D) Interviewers make perceptual judgments that are often inaccurate.
• E) Most interviewers make their decision by the first 5 minutes of the interview.

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Definitions:

Monopolistic Competition

Monopolistic competition is a market structure where many companies sell products that are similar but not identical, allowing for product differentiation and some degree of market power.

Marginal Benefit

The incremental advantage received by using one more unit of a good or service.

Monopolistic Competition

A market structure characterized by many firms offering differentiated products or services.

Long-Run Equilibrium

A state in which all firms in a market or industry are making normal profits, with no incentive for entry or exit, and all resources are optimally allocated.