Prodigy Placement Is a Private Elementary School Located in the Center

question 55

Multiple Choice

Prodigy Placement is a private elementary school located in the center of Manhattan. Students at the school are considered in the top 1% of their age group in terms of IQ scores and aptitude. Parents who want to send their children to the school must get on a waiting list as soon as the child is 12 months old and must make a deposit of $5,000 to the school in order to hold the child's "application" until they reach the age of 5 years. Emma's parents put her on the waiting list at the age of 1 year and paid the deposit; however, when Emma became 5 years old, she did not want to attend the school even though she tested above the requirement. Her parents made the decision to enroll her for the upcoming school year. In this case, Emma ___ part of the market for Prodigy Placement, and her parents ____ part of the market because ____.

• A) was; were; Emma needed to attend school
• B) was; were; Emma had the authority to attend the school
• C) was; were; they had the authority
• D) was not; were; Emma needed to attend school
• E) was not; were; Emma lacked willingness

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Definitions:

Stringent Criteria

Strict or precise conditions that must be met or complied with.

Performance Reviews

Regular evaluations of an employee's work performance, usually conducted by their supervisor, to discuss achievements and areas for improvement.

Entry-level Positions

Jobs designed for individuals with little to no professional experience, typically requiring minimal qualifications.

Goodwill

An intangible asset representing the value of a company's brand, customer base, and reputation.