When Interviewers Present a Job Applicant with a Scenario That

question 72

Multiple Choice

When interviewers present a job applicant with a scenario that is likely to occur on the job and ask the applicant how he/she would respond,this type of question is known as a(n) _______________ interview question.

• A) unstructured
• B) ad hoc
• C) situational
• D) personality
• E) semi-structured

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Definitions:

Price

The amount of money required to purchase a good or service, often determined by factors like demand, supply, and market competition.

Utility Function

A representation or model used in economics to quantify the satisfaction or happiness a consumer derives from consuming goods and services.

Income

Payment obtained, regularly, for services rendered or from capital investments.

Preferences

In economics, refers to the subjective tastes and desires of consumers that influence their choices and demands.