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How Is a Firm's Vertical Scope Determined

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How is a firm's vertical scope determined?


Definitions:

Test Validation

The process of ensuring that an assessment tool accurately measures what it is intended to measure and is reliable and fair.

Content Validity

The extent to which a test or assessment measures all aspects of the concept or content it intends to evaluate.

Construct Validity

Refers to the extent to which a test measures what it claims to measure and accurately assesses the concept it is intended to assess.

Structured Interviews

Interviews wherein a predetermined checklist of questions usually asked of all applicants is used.

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