Which of the Following Is Necessary for the Logic of Prediction

question 88

Multiple Choice

Which of the following is necessary for the logic of prediction to work in practice for selecting employees?

• A) the organization has adopted a thorough competency modeling approach
• B) qualifications carry over from one job to another
• C) that each candidate is assessed based on his or her unique experiences
• D) anonymous periodic reviews of applicant files to ensure accuracy

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Definitions:

Trade

The exchange of goods, services, or both between two parties, whether within the interior of a country or across international borders.

Comparative Advantage

The economic principle that a country should specialize in producing and exporting goods in which it has a lower opportunity cost than other countries.

Crude Oil

A naturally occurring, unrefined petroleum product composed of hydrocarbon deposits and other organic materials, used as a primary energy source.

Consumer Surplus

The dissimilarity between what consumers can potentially spend on a product or service and the sum they truly pay.