Candice Has Decided NOT to Accept Roger into Her Group

question 26

Multiple Choice

Candice has decided NOT to accept Roger into her group. After breaking the news, which of the following is considered the most ethically appropriate and most inclusive response?

• A) "Roger, I'll keep you in mind for other groups which might be more appropriate. Let me show you out."
• B) "Roger, you might be feeling frustrated at not being selected. I'm sorry. We'll keep you in mind for other more appropriate groups."
• C) "Roger, you just weren't a good fit. These things happen. If I hear of a more appropriate group, I'll let you know. Don't let it get you down."
• D) "Roger, other groups will come along, and we'll keep you in mind. However, I see the frustration you are feeling. Would you like to talk about those feelings?"

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Definitions:

Private-Value Auction

An auction in which the value of the item being bid on is subjective and differs for each bidder, based on their private evaluation.

Dutch Auction

A market structure where the price of an item is lowered until it meets a bid, opposite of the traditional auction format where prices ascend.

Second-Highest Willingness

The concept of determining the price or value of an item based on the highest bid that did not win in an auction or competitive bidding process.

Winner's Curse

A phenomenon in auctions, suggesting that the winning bidder tends to overpay due to incomplete information or overly optimistic value assessments.