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Even though interviews have fairly low criterion-related validity, including them in a selection system is helpful because:
Economic Factors
Elements that influence the functioning of an economy, including inflation rates, employment levels, GDP growth, and others.
Work Environment
The physical and psychological conditions under which employees work, including factors like office space, culture, and management style.
Autocratic Leader
A leadership approach where one person makes all the decisions without significant contributions from other members of the group.
Financial Crises
Periods of significant financial instability and distress in an economy, characterized by rapid devaluation of assets, bank failures, and loss of investor confidence.
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