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Traditional Job Interviews Have Demonstrated Low Validity and Reliability,and They

question 8

Essay

Traditional job interviews have demonstrated low validity and reliability,and they are a relatively expensive method of personnel selection.Recommend steps organizations can take to avoid these pitfalls.


Definitions:

Home Currency

The currency in which a country conducts its principal economic activities and in which domestic financial statements are reported.

Exchange Rate Risk

The possibility of losing value in international financial transactions due to fluctuations in the currency exchange rates.

Manage Exchange Rate

Strategies or practices employed by individuals, businesses, or countries to mitigate or take advantage of fluctuations in exchange rates.

London Interbank Offer Rate (LIBOR)

The rate most international banks charge one another for overnight Eurodollar loans.

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