An Assessment Center Is

question 63

Multiple Choice

An assessment center is

• A) a specific place in an organization staffed by the industrial/organizational psychologist.
• B) a standardized procedure involving multiple assessment techniques.
• C) a method of assessment used for selection, classification, and promotion.
• D) Both b and c

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Definitions:

Return On Equity

An indicator of how effectively a company uses investor funds to produce profit growth, determined by dividing the net income by the equity of shareholders.

Inventory Turnover

A measure of how many times a company's inventory is sold and replaced over a certain period of time.

Interval Measure

A statistical metric used to express the amount of variance or uncertainty between data points in a series.

Receivable Turnover

A financial ratio that measures how efficiently a company uses its assets by calculating how many times a company can turn its accounts receivable into cash during a period.