The Chapter Opening Article, "Batfleck: What You Should Know About

question 33

Multiple Choice

The chapter opening article, "Batfleck: What You Should Know About Making Bad Hires," explains why a selection error was made. What was the reason for the selection error?

• A) The employer didn't consider the intangible factors that lead to job success.
• B) The employer wanted to avoid the cost of hiring the wrong person.
• C) The employer gave too much consideration to only one job requirement.
• D) The employer chose a candidate that was somewhat qualified on all requirements.

---

Definitions:

Carrying Costs

The expenses associated with holding inventory, including storage, insurance, taxes, and opportunity costs.

Inventory Rises

An increase in the quantity of goods that a company holds, which could indicate either growing sales or overproduction.

Revolving Credit

Revolving credit is a flexible funding option where credit is automatically renewed as debts are paid off, up to a certain limit.

Promissory Note

A financial instrument that contains a written promise by one party to pay another party a definite sum of money either on demand or at a specified future date.