Which of the Following Statements About Reference Checking Is True

question 74

Multiple Choice

Which of the following statements about reference checking is true?

• A)Letters of reference from former employers are viewed very positively.
• B)Firms are increasingly using reference-checking services to thoroughly check references.
• C)Women are more likely to lie on resumes than men.
• D)Only about 10 percent of resumes contain inaccurate information that will be discovered when checking references.
• E)Reference checking is generally not worthwhile.

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Definitions:

Closest Competition

Refers to the competitors within the same industry that offer the most similar products or services to a company's offerings.

Top-Of-The-Line

Describes products, services, or goods of the highest quality available within a specific category or market segment.

Price Elasticity of Demand

A measure of how sensitive the quantity demanded of a good is to a change in its price.

Elastic

Refers to a market for a product or service that is price sensitive; that is, relatively small changes in price will generate fairly large changes in the quantity demanded.