Supervisory Ratings and Informal Recommendations ______

question 32

Multiple Choice

Supervisory ratings and informal recommendations ______

• A)are newer approaches to assessment of candidates
• B)should be avoided
• C)determine KSAOs of job applicants
• D)are tied to job analysis

---

Definitions:

Marginal Product

The additional output resulting from using one more unit of a particular input while holding all other inputs constant.

Accounting Profits

The difference between total revenue and explicit costs, representing the net income shown on a company's financial statements.

Implicit Costs

The opportunity costs associated with a company's use of resources that it owns, representing the potential income lost by not using those resources in an alternative way.