Hiring Managers Can Overcome the Contrast Effect When Interviewing Job

question 40

Multiple Choice

Hiring managers can overcome the contrast effect when interviewing job candidates by adhering to the following suggestion: ______.

• A) implement the contrast effect
• B) undergo training to enhance biases
• C) compare the current interviewee with the person who was just interviewed
• D) use a structured interview

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Definitions:

Bond Redemption

A financial term referring to the process of repaying the principal amount of a bond at its maturity date.

Market Value

Market value refers to the price at which an asset would trade in a competitive auction setting.

Present Value

The current value of a future sum of money or stream of cash flows given a specified rate of return.

Market Rate

The prevailing interest rate that is available in the marketplace for loans or deposits, often determined by supply and demand forces.