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Through the Use of Multiple Assessment Techniques and Multiple Assessors

question 27

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Through the use of multiple assessment techniques and multiple assessors assessment centres are able to predict a candidate's future job behaviour and managerial potential.


Definitions:

Present Value Factor

A multiplier used to determine the present value of a future amount of money or stream of cash flows given a specific discount rate.

Desired Rate of Return

The minimum percentage return an investor expects to achieve on an investment, influencing the choice of investment.

Straight-Line Depreciation

An approach to distribute the cost of a tangible asset evenly over each year of its expected life.

Fixed Asset

Long-term tangible property or equipment that a firm owns and uses in its operations to generate income, not expected to be consumed or converted into cash within a year.

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