How Should You Respond If an Interviewer Asks, Why Should

question 12

Multiple Choice

How should you respond if an interviewer asks, Why should we hire you when other applicants have better credentials?

• A) Admit that you are less qualified to show that you're honest, but stress that you will work more cheaply than applicants with more experience or training.
• B) Identify a major weakness and describe how you are correcting it; this will prove to the interviewer your strong work ethic and determination.
• C) Show your confidence in your own ability by stressing strengths such as your openness to new ideas and knowledge of the latest methods and equipment.
• D) Don't answer the question because it is clear that you're not going to get the job.

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Definitions:

Compound Interest

This refers to the method of calculating interest where it is applied not only to the original sum but also to the interest that has been accrued over earlier periods for a given deposit or loan.

Earnings Rate

The rate at which a company or an investment generates income or profit, typically expressed as a percentage of the investment's cost or the company's equity.

Internal Rate of Return

A financial metric used to estimate the profitability of potential investments, representing the interest rate at which the net present value of costs and benefits of the investment equals zero.

Present Value Factors

A multiplier used in calculating the present value of a future amount of money or cash flow, based on a specific discount rate over a certain period.