Which of the Following Statements About References Is True

question 10

Multiple Choice

Which of the following statements about references is true?

• A)The most frequently contacted references are co-workers.
• B)Never ask someone for permission to use him or her as a reference because this creates a bias.
• C)Choose similar references, such as three professors or three co-workers.
• D)Contacting references is a good way for an interviewer to validate his or her personal observations about an interviewee.
• E)All of the above statements about references are true.

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Definitions:

Price Leadership

A situation where one company in an industry sets the price for its products, and other companies in the industry follow suit, often due to the dominance of the leading company.

Prisoner's Dilemma

A fundamental problem in game theory demonstrating that two individuals might not cooperate, even if it appears that it is in their best interest to do so.

Collusive Agreements

Secret or illegal cooperation or conspiracy, especially between firms, to deceive or defraud others, restrict competition, or fix prices.

Price Leadership Model

A market structure where one leading firm sets the price for its product and the other firms in the market follow suit, adjusting their prices accordingly.