A Double Stage Strategy Is a Variant of Which of the Selection

question 71

Multiple Choice

A double stage strategy is a variant of which of the selection decision making models?

• A)multiple regression
• B)multiple cutoffs
• C)multiple hurdle
• D)profile matching

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Definitions:

Break-even Analysis

A financial calculation to determine the point at which revenue received equals the costs associated with receiving the revenue.

Cost-volume-profit Analysis

A financial analysis tool that helps in determining the effect of changes in costs and volume on a company's profit.

PERT

An acronym for Program Evaluation and Review Technique, a statistical tool used in project management, designed to analyze and represent the tasks involved in completing a given project.

Pareto Analysis

A method used in quality control and business to identify the few critical causes that account for most of an effect, enabling prioritization of effort.