The Degree to Which the Information Provided by Selection Methods

question 57

Multiple Choice

The degree to which the information provided by selection methods enhances the bottom-line effectiveness of the organization is known as the selection method's:

• A)reliability.
• B)validity.
• C)generalizability.
• D)utility.
• E)legality.

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Definitions:

Relevant Costs

Relevant costs are those that will be affected by a decision in a specific situation and are considered when making financial or other managerial decisions.

Fixed Costs

Costs that do not change with the level of goods or services produced within a certain scale.

Product

Any item or service that is created through a process and is intended to be supplied to a market to satisfy a want or need.

Fixed Costs

Expenses that do not change in total despite fluctuations in the volume of goods or services produced.