As a Manager, You Are Trying to Hire Someone for a Critical

question 27

Multiple Choice

As a manager, you are trying to hire someone for a critical position in your department. You have called references on three applicants. Bob's reference, his former supervisor, said, "Bob has more information and communication flowing through him than anyone in our company." Joe's reference said, "Joe can get others to get things done better than anyone I know." Albert's boss said, "Albert is the greatest person to be around. He is so optimistic and giving." Based on the information in the text about creating positive change, who should you hire?

• A) Albert
• B) Joe
• C) Bob

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Definitions:

Compound Interest

Interest computed by performing the simple interest formula periodically during the term of the investment.

Future Value

The worth of a current asset on a future date, calculated by estimating its growth rate over a specific period.

Compound Interest

Interest on both the initial principal and the accumulated interest from previous periods on a deposit or loan.

Future Value

The worth of an asset or cash at a specified date in the future that is equivalent in value to a specified sum today.