George Has Just Graduated from College and Is Going on His

question 74

Multiple Choice

George has just graduated from college and is going on his first big job interview.He has learned that there are 10 other applicants for the job.On account of information on the serial position effect that he learned in his psychology class,George asks to be either the first or the last candidate interviewed.Why?

• A) The serial position effect predicts that either the first or the last job applicant interviewed will be remembered better than the applicant interviewed second.
• B) The serial position effect predicts that the candidate interviewed in the "middle" position will be viewed less favorably than the other two applicants.
• C) Research has shown that the serial position effect is used often by management to arbitrarily hire job applicants.
• D) Research has shown that people interviewed either early or late in the day are evaluated most positively.

---

Definitions:

Cost Structure

The composition of a company's costs, including fixed and variable costs.

Equipment Depreciation

The allocation of the cost of physical assets over their useful lives, recognizing the reduction in value due to wear and tear, obsolescence, or age.

Material Costs

Expenses associated with the raw materials and components required for manufacturing goods.

Portfolio Analysis

The process of evaluating the performance of an investment portfolio to meet specific financial objectives, often by assessing risk versus return.