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Where Assessment Centers Are Concerned, Research Has Shown That the Inclusion

question 31

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Where assessment centers are concerned, research has shown that the inclusion of peer evaluations and the use of psychologists as job candidate assessors rather than managers causes validity to increase.


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Operating Expenses

The costs associated with running the day-to-day operations of a business, excluding the costs of goods sold.

Profit

The financial gain made in a transaction, calculated by subtracting the total costs from the total revenue.

Sale Price

The ultimate selling price of a product, once all discounts or promotional offers have been taken into account.

Gross Profit

The difference between the selling price and the unit cost of an item of merchandise. (Also called markup.)

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