Panel Companies Have Become a Popular Means of Data Collection

question 55

Multiple Choice

Panel companies have become a popular means of data collection.Which of the following does NOT characterize an advantage of panel companies?

• A)Fast turnaround
• B)High-quality database information
• C)Access to targeted respondents
• D)Less costly than other sources

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Definitions:

Assessment Centre

A process or location where candidates undergo a series of tests, exercises, and interviews to assess their suitability for specific roles or promotions.

In-Basket Exercises

Simulated tasks and problems that are presented in written form as part of a test to evaluate an individual's ability to organize and prioritize work.

Behavioural Interview

A technique in job interviews focusing on a candidate's past experiences and behaviors as indicators of future performance.

Yield Ratios

Metrics used in human resources and recruitment to evaluate the effectiveness of the hiring process, calculating the ratio of applicants to actual hires.