Which of the Following Is True About an Assessment Center

question 6

Multiple Choice

Which of the following is true about an assessment center?

• A) An assessment center is a meeting room where a team of seven to ten employees is assigned a problem and must work together to solve it within a certain time period.
• B) At an assessment center, multiple raters or evaluators evaluate employees' performance on a number of exercises.
• C) It is an office that looks into the process of collecting information and providing feedback to employees about their behavior, communication style, or skills.
• D) At an assessment center, senior managers hold a test that identifies individuals' preferences for source of energy, means of information gathering, way of decision making, and lifestyle.
• E) It refers to an on-site location where the corporate leaders design a tool that gathers ratings of a manager's use of skills associated with success in managing.

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Definitions:

Salvage Value

The expected residual worth of an asset upon the conclusion of its effective lifespan.

Net Income

The total profit of a company after all expenses and taxes have been deducted from total revenue.

Incremental Cost Approach

Refers to the analysis of the additional costs that are incurred when making business decisions, focusing on the costs that change with the level of activity.

Discount Rate

The interest rate used to discount future cash flows to their present value, often reflecting the investor's required rate of return.