Which of the Following Is Essential for Information to Be

question 117

Multiple Choice

Which of the following is essential for information to be useful?

• A) Relevance
• B) Summarization
• C) Language independence
• D) Data variability

Explain the role of signaling and frame-of-reference in shaping perceptions and managing diversity.

Appreciate the ethical considerations in using different selection procedures.

Understand the influence of similar-to-me effect on decision making.

Grasp the concept of leniency, central tendency, and other biases affecting performance ratings.

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Definitions:

Multiple-class Shares

Stocks issued by a single company that have different rights, dividends, or voting powers, typically designated as Class A, Class B, etc.

Front-end Load

A commission or sales charge applied at the time of the initial purchase of an investment.

SEC Rule 12b-1

A regulation by the U.S. Securities and Exchange Commission that allows mutual funds to charge their shareholders for advertising and sales promotion expenses.

Marketing Expenses

Costs associated with promoting a company, product, or service, including advertising, product samples, and event sponsorships.