Small Talk Made During the Warm Up Stage of the Interview

question 87

True/False

Small talk made during the warm up stage of the interview is as important as the structured questions asked during the question and answer stage of the interview.

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Definitions:

Celler-Kefauver Act

A U.S. law passed in 1950 aimed at preventing anti-competitive mergers and acquisitions that might reduce competition.

Mergers

The combination of two or more companies into a single entity, typically to increase market share or reduce competition.

Standard Oil Case

A 1911 antitrust case in which Standard Oil was found guilty of violating the Sherman Act by illegally monopolizing the petroleum industry. As a remedy, the company was divided into several competing firms.

U.S. Steel Case

The antitrust action brought by the federal government against the U.S. Steel Corporation in which the courts ruled (in 1920) that only unreasonable restraints of trade were illegal and that size and the possession of monopoly power were not by themselves violations of the antitrust laws.