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Scenario 11-1 Zachary Schneider Saw a Sign in the Window of an of an Amy's

question 88

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Scenario 11-1
Zachary Schneider saw a sign in the window of an Amy's Ice Creams franchise operation. The sign said the company was looking for new employees. When he went in to ask for a job application, he was given a paper bag and told to do "something creative with it." The test was to see whether the job applicant was suited to carrying out the chain's mission: "To make people's day." This type of pre-employment assessment is not unusual. Gourmet grocery chain Central Market uses a four-page application form, which includes essay questions such as "Tell us about your favourite food experience." If it seems an applicant is a good match for the company, then the applicant is asked to make a personal statement using items found in the grocery store and to participate with other applicants in a roundtable discussion.
-Refer to the scenario.Amy's is convinced that how applicants respond to its request to do something creative with a brown paper bag accurately predicts how well job applicants will perform if hired.In other words,what does it believe its pre-employment assessment method to be?

Definitions:

Natural Monopolies

Industries where a single firm can supply a good or service to an entire market at a lower cost than would be possible if there were multiple firms.

Economies of Scale

Cost advantages that enterprises obtain due to their scale of operation, typically characterized by a reduction in costs per unit.

High Capital

Refers to a significant amount of financial assets or resources held by individuals, firms, or governments, enabling large investments in projects or ventures.

ATC Curve

The Average Total Cost (ATC) curve in economics represents the total cost per unit of output, calculated by dividing the total cost by the quantity of output produced.