Acme Global Uses Four Different Selection Tests: an Honesty Test

question 71

Multiple Choice

Acme Global uses four different selection tests: an honesty test, a skills test, a cognitive ability test, and an interview.To become a finalist, a job candidate must first score highly on the honesty test.After that, the candidate must score at least 50 on both the skills and cognitive ability tests.Once those are passed, the candidate must pass the interview to become a finalist for the job.Acme Global is using a(n) __________ selection model.

• A)open-ended
• B)multiple-hurdle
• C)compensatory
• D)inquiry
• E)analysis

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Definitions:

EOQ

Economic Order Quantity; a formula used in inventory management to determine the ideal order size that minimizes total inventory holding costs and ordering costs.

Inventory Value

The total cost or market value of all the goods and materials held by a company as part of its inventory at a specific point in time.

Service Level

A measure of the quality of a service provided, often defined by the percentage of customer demand met without delay.

Standard Deviation

A numerical indicator that calculates the degree of spread or deviation of a data set values from their average.