Which of the Following Statements Is TRUE of the Role

question 143

Multiple Choice

Which of the following statements is TRUE of the role of personality measures in business and organizational settings?

• A) The same personality test may not be equally suited for use in screening applicants for every variety of employment.
• B) The distinction between task-related and people-related aspects of a job is irrelevant to personality measurement.
• C) The MMPI-2-RF has quickly become the most widely used measure of personality in business and organizational settings.
• D) Personality tests are playing less and less of a role in business and organizational settings with every passing year.

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Definitions:

Economies of Scale

Cost benefits that companies gain from their operation size, where the cost for each unit of production typically falls as the scale expands.

Constant Returns to Scale

A situation in production where increasing all inputs by a certain factor results in output increasing by the same factor.

Average Total Cost

The total cost divided by the quantity of output produced; it includes all variable and fixed costs.

Minimum Efficient Scale

The smallest scale of production at which long-run average total costs are minimized.