Some Software Firms Require That Applicants Have Passed Certain Standardized

question 43

Multiple Choice

Some software firms require that applicants have passed certain standardized certification tests before being hired.This policy is necessary when

• A) cheap talk does not provide a credible signal.
• B) cheap talk does provide a credible signal.
• C) the interests of the firm and the applicant converge.
• D) the applicant is honest about her abilities.

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Definitions:

Differentiation

The process of distinguishing a product, service, or entity from others to make it more attractive to a particular target market or demographic.

Rawlsian Justice

A theory of justice that emphasizes fairness and equality, positing that a just society will protect the least advantaged members.

Human Dignity

A fundamental concept that involves the inherent worth and respect that every individual deserves, irrespective of status, abilities, or accomplishments.

Profit Maximization

The process or strategy focused on increasing the profit of a business to its highest possible level given the constraints it faces.