Two Scenarios Are Written in Which the Probability of Loss

question 82

Multiple Choice

Two scenarios are written in which the probability of loss and gain is the same.Scenario A is written so that the gain is emphasized,and Scenario B is written so that the loss is emphasized.People will almost always choose Scenario A. This outcome is predicted by one component of:

• A) prospect theory
• B) framing theory
• C) normative models
• D) descriptive models

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Definitions:

Interviews

A formal discussion between an interviewer and an interviewee, commonly used in the hiring process, to assess the interviewee's qualifications and compatibility with the job.

Recruitment Process

is the series of steps organizations take to attract, screen, select, and onboard new employees effectively.

Job Description

A formal account of an employee's responsibilities, duties, and the qualifications needed for a specific job.

Selection

The process of identifying and choosing individuals from a group of applicants to fill job vacancies in an organization.