Bruce and Grant Apply for Work at the Same Company

question 25

Multiple Choice

Bruce and Grant apply for work at the same company.Bruce is interviewed using a structured interview format,while Grant is interviewed using an unstructured interview format.Both men are hired.Will the employer be able to predict their future job performance based on how each of them performed in their respective interviews?

• A)No,interviews are not good predictors of future job performance.
• B)The employer will be better able to predict Bruce's future job performance.
• C)The employer will be better able to predict Grant's future job performance.
• D)The employer will be able to predict both Bruce's and Grant's future job performance equally well.

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Definitions:

Transit

The system or means of moving people or goods from one place to another.

Equilibrium Price

The price at which the quantity of goods demanded by consumers equals the quantity of goods supplied by producers in a market.

Fine Imposed

A penalty, usually in the form of a monetary payment, levied on an individual or entity for violating laws or regulations.

Long-Run Equilibrium

A state in a market where all firms are making normal profits, and there is no incentive for firms to enter or exit the industry.