Relying Too Heavily on Résumé Screening Software Can Result in a Firm

question 42

True/False

Relying too heavily on résumé screening software can result in a firm overlooking highly qualified candidates who do not match specific criteria.

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Definitions:

MC Equals MR

In economics, the condition where a firm's marginal cost equals its marginal revenue is considered the optimal point for profit maximization.

Horizontal Demand

Horizontal Demand describes a market condition where the demand for a product is exceedingly elastic, indicating that a slight change in price can lead to a significant change in the quantity demanded.

Xerox

A multinational corporation known for its photocopiers, printers, and digital document solutions, symbolizing photocopying.

IBM

International Business Machines Corporation, a multinational technology company known for its computer hardware, software, and IT services.