Examlex
Organizations are resorting to various methods in order to recruit qualified candidates for job openings.Which is the LEAST likely way to recruit employees?
Endowment Effect
The phenomenon in which people ascribe more value to things merely because they own them.
Loss Aversion
A concept in behavioral economics stating that individuals prefer avoiding losses to acquiring equivalent gains, showing that losses have a greater emotional impact than gains.
Framing
The way information and messages are presented and structured to influence people's perceptions, decisions, and judgments.
Demand Curve
A graphical representation showing the relationship between the price of a good and the quantity of that good that consumers are willing to purchase.
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