If an Employer Does Not Have a Reliable and Valid

question 2

True/False

If an employer does not have a reliable and valid selection process, it can still make a correct guess about an applicant that will have positive benefits for the organization.

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Definitions:

Decreasing Marginal Utility

The phenomenon where each additional unit of a good or service consumed provides less satisfaction or utility than the previous unit.

Redistribution

The transfer of income, wealth, or property from some individuals to others through a social mechanism such as taxation, welfare, public services, etc.

Income Redistribution

The transfer of income from certain individuals or groups to others through mechanisms like taxes, welfare, and public services to achieve economic equality.

Poverty Rate

The percentage of the population that lives below the national poverty line, indicating the extent of poverty in a country.