Examlex

Solved

You Have Decided to Live in a Converted Loft with Eight

question 10

Multiple Choice

You have decided to live in a converted loft with eight of your college friends. The loft is a large open room and as a group you have decided to divvy up the floor space using the Last-Diminisher Method. You label yourselves P1, P2, P3, ... P8 and the order in which the method is played has P1 first, P2 second, and so on. Here is how the method begins:
Round 1: P1 makes the first cut; P2 passes; P3 diminishes; P4, P5, ... P6 pass; P7 diminishes; P8 passes
Round 2: After the first claim is made, P3 is the only diminisher.
Round 3: After the first claim is made, all the remaining players pass.
After the end of Round 3, which three players have received a share of the loft space?


Definitions:

Succession Management

A strategic process of identifying and developing internal personnel with the potential to fill key leadership positions within the organization.

HR Professionals

Individuals who work within the human resources department of an organization, specializing in areas such as recruitment, employee relations, and performance management.

Risks

The potential for losses or negative outcomes resulting from internal or external vulnerabilities or threats.

CEO

Chief Executive Officer; the highest-ranking person in a company or organization, responsible for making overarching decisions.

Related Questions