Examlex
Which of the following is necessary for the logic of prediction to work in practice for selecting employees?
Acceptance
The act of receiving or approving something, often used in the context of agreements or contracts.
Differential Cost
The difference in cost between two alternative decisions or scenarios, impacting the selection of one option over another.
Differential Cost
is the change in a company's cost of producing goods or services under two different action alternatives, essentially the cost difference between two choices.
Unused Capacity
The available but not utilized production ability of a company which could potentially generate revenue if employed.
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