A(n) ____________________ Is a System That Pulls Data from a Variety

question 8

Short Answer

A(n) ____________________ is a system that pulls data from a variety of organizational systems and databases; gauges the data against key performance metrics; pulls out the right nuggets of information; and delivers information to managers in a graphical, easy-to-interpret format.

Understand the concepts of reliability, validity, and utility in employment selection.

Recognize the ethical and legal considerations in the administration of drug tests to job applicants.

Identify and differentiate between the various types of interviews used in employment selection.

Understand the advantages and limitations of different interview types for employee selection.

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Definitions:

Forward Contract

An agreement that isn't standardized between two parties to purchase or sell an asset at a future date determined today at a price agreed upon today.

Legally Binding

An agreement enforceable by law, with obligations that must be fulfilled by all parties involved.

Agreed-upon Price

The price that has been mutually accepted by the buyer and seller in a transaction.

Risk Profile

An evaluation of an individual's or organization's willingness to take risks, as well as their ability to handle the consequences of those risks.