Scenario 10-1 for Four Months You Have Been Employed as the Part-Time

question 40

Multiple Choice

Scenario 10-1 For four months you have been employed as the part-time HRM for TS Inc., a small Canadian aviation company.In the past, recruitment and selection rested on the shoulders of the president and, like most small companies, TS Inc.used employee referrals and an informal interview process in selecting employees.Since you have been hired, you have guided management through several stages of the recruitment and selection process to hire an aircraft maintenance engineer.TS Inc.has used proper selection methods, such as screening, testing, and structured interviews, but is not sure about how to integrate the data from these various sources.In the past, the president relied on his gut feeling about applicants and made poor hiring decisions.
-Refer to Scenario 10-1.TS Inc.would like to use an approach to collecting and combining applicant information in which judgmental and statistical data are combined statistically.The applicants' scores would be given, and selection decisions would be based on each component, such as the structured interview and test.Which approach is this

• A)trait rating
• B)pure statistical
• C)judgmental composite
• D)statistical composite

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Definitions:

Undeclared Dividends

These are dividends that have been earned by shareholders but have not yet been officially announced by the company.

Cumulative

An adjective describing quantities or changes that are added together sequentially over time.

Corporate Capital Structure

Refers to the mix of different types of securities issued by a corporation to finance its operations, typically involving a combination of debt and equity.