Examlex
Which of the following is a way to address an externality problem?
Hiring Decision
The process of evaluating candidates and selecting the most suitable one for a job position within an organization.
Multiple Cut-off Approach
A decision-making strategy where alternatives are rejected or chosen based on whether they meet or surpass predefined thresholds across several criteria.
Predictor
A variable or characteristic used in assessments or research to forecast outcomes or behaviors.
Pass Or Fail
An assessment system where the outcomes are limited to two possibilities: meeting the required standard (pass) or not meeting it (fail).
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