As an HR Manager,why Would You Most Likely NOT Use

question 19

Multiple Choice

As an HR manager,why would you most likely NOT use predictive validity to validate a selection test?

• A) lack of technical soundness
• B) stressful for job applicants
• C) associated time and cost
• D) poor motivation test

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Definitions:

Price Leadership

A market strategy where one leading company sets the price of goods or services, and other companies in the sector follow suit.

Covert Collusion

An implicit, non-public agreement between firms to fix prices, limit production, or divide markets, without explicit communication.

Allocative Efficiency

A state of the economy where resources are allocated in a way that maximizes the overall benefit to society.

Productive Efficiency

Occurs when a good or service is produced at the lowest possible cost, utilizing all resources efficiently.