Case-Based Critical Thinking Questions Case 8-2 Your Boss in the Human

question 62

Multiple Choice

Case-Based Critical Thinking Questions Case 8-2 Your boss in the human resources department asks you to write a function that calculates the length of time that employees have been with the firm, using the DATEDIF function. Assume that C2 contains the hire date for a given employee and that cell $AE$2 contains the cut-off date against which to compare the hire date to determine length of service. On a lark, for a year-end trivia contest, your boss wants you to calculate the length of service in complete days. What is the correct formula?

• A)=DATEDIF(C2, $AE$2, "today")
• B)=DATEDIF($AE$2, C2, "dy")
• C)=DATEDIF($AE$2, C2, "day")
• D)=DATEDIF(C2, $AE$2, "d")

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Definitions:

Dominant Strategy

In game theory, a strategy that is best no matter what the opposition does.

Players

In an economic context, players refer to individuals or entities actively participating in a market or economic model.

Strategies

Plans or methods developed to achieve a goal or solve a problem.

Nash Equilibrium

A concept within game theory where no participant can gain by unilaterally changing their strategy if the strategies of the others remain unchanged.