Why Do Organizations Typically Review Applicant Résumés

question 98

Multiple Choice

Why do organizations typically review applicant résumés?

• A) They are used as a substitute for interviews.
• B) They are used as a basis for deciding which candidates to investigate further.
• C) They are used to save the cost of administering tests related to the performance on the job.
• D) They are used because they can control the content of the information as well as the way it is presented.
• E) They are used because they are generally an unbiased source of information.

---

Definitions:

Leveraged Buyout

An acquisition of a company, primarily funded by borrowed money, where the assets of the company being acquired and those of the acquiring company are used as collateral.

Proxy Contest

An event where two or more competing parties seek to collect enough shareholder votes to control the company's board of directors.

Asset Purchase

The buying of a company's assets instead of its stock, often to acquire specific items rather than taking over the business entirely.

Leveraged Buyout

An acquisition where the buyer uses a significant amount of borrowed money to finance the purchase of a company, often using the assets of the company being bought as collateral for the loans.