Which of the Following Exemplifies a High Utility Selection Procedure

question 72

Multiple Choice

Which of the following exemplifies a high utility selection procedure?

• A) Bette's, a suburban diner, spends a lot of time and money recruiting a server.
• B) A local gas station has a recruitment procedure that spans four months for the position of a cashier.
• C) Tywell Capital, an international investment firm, spends close to a million dollars to hire a renowned economist as its new CEO.
• D) Shinecare, a local car wash, employs a three-month-long selection procedure for hiring one of its operators.
• E) Haleview High School conducts several rounds of interviews to recruiting a maintenance worker.

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Definitions:

Annuity

An economic scheme that delivers a constant payment stream to a recipient, predominantly utilized in preparing for retirement.

Payment Interval

The frequency with which a recurring payment is made, such as monthly or annually.

Ordinary General Annuity

An annuity where payments are made at the end of each period, such as monthly or annually, in contrast to at the beginning.

Future Value

The predicted amount of money that an investment will grow to at a specific date in the future, considering a certain rate of interest or growth.