According to Richard Bolles, Which of the Following Is True

question 64

Multiple Choice

According to Richard Bolles, which of the following is true of employers?

• A) Employers look for employees in the exact opposite way from the way most people look for jobs.
• B) Employers are pressed for time, so they rely on simple résumés to choose most of their employees.
• C) Employers do not bother going through job portfolios for proof of expertise.
• D) Employers prefer not to hire people from within their organization.
• E) Employers consider online networks less reliable than ads for finding prospective employees.

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Definitions:

Subjective Probabilities

Probability estimates based on an individual's personal judgment or opinion rather than on objective data or specific calculations.

Marginal Utility

The additional satisfaction or utility that a consumer derives from consuming one more unit of a good or service.

Income Function

A mathematical representation that shows the relationship between an individual's or entity's income and one or more variables, such as the level of education or experience.

Diminishing Marginal Utility

Principle that as more of a good is consumed, the consumption of additional amounts will yield smaller additions to utility.