Which of the Following Is an Example of Screening

question 334

Multiple Choice

Which of the following is an example of screening?

• A) When someone is applying for a job, the employer checks references to determine the previous work habits of the applicant.
• B) When an employee purchases group life insurance without taking a physical exam, she knows more about her health than does the insurance company.
• C) When someone is considering buying a used car from a dealership, the seller knows the repair history of the car but the potential buyer does not.
• D) All of the above are correct.

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Definitions:

Profitability

The ability of a business or project to generate earnings compared to its expenses and investments.

Competition

The rivalry between companies or individuals for market share, recognition, or financial gain.

Early-stage Financing

Capital provided to startups and young companies to fund initial operations, product development, and market research, often in exchange for equity.

Entrepreneurs

Individuals who take the risk of starting and managing a business venture to capitalize on innovative ideas or products.