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An Example of Informal Assessment Is

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An example of informal assessment is:

Understand the concept of "quality of hire" and how companies assess it.
Appreciate the role and functionality of applicant tracking systems in the hiring process.
Understand the varying formats of résumés and the purposes of each.
Recognize how to minimize the impacts of frequent job changes and gaps in employment on a résumé.

Definitions:

Bundle

The practice of selling multiple products or services together as a single combined unit, often at a reduced price compared to purchasing the items separately.

Upstream Price Discrimination

A pricing strategy where a supplier varies prices charged to retailers or manufacturers based on factors like order volume or bargaining power.

Vertical Contracts

Agreements between firms at different levels in the production process, for example, between a manufacturer and a retailer.

New Product

A good, service, or concept that is newly introduced to the market, offering innovation or improvement over existing options.

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