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Trends in Hiring Practices
Zachary Schneider saw a sign in the window of an Amy’s Ice Creams franchise operation. The sign said the company was looking for new employees. When he went in to ask for a job application, he was given a paper bag and told to do “something creative with it.” The test was to see whether the job applicant was suited to carrying out the chain’s mission: “To make people’s day.” This type of preemployment assessment is not unusual. Gourmet grocery chain Central Market uses a fourpage application form which includes essay questions such as “Tell us about your favorite food experience.” If it seems an applicant is a good match for the company, he or she is asked to make a statement about himself or herself using items found in the grocery store and to participate with other applicants in a roundtable discussion.
-Refer to Trends in Hiring Practices. Amy's is convinced that how applicants respond to its request to do something creative with a brown paper bag accurately predicts how well job applicants will perform if hired. In other words, it believes its pre-employment assessment method is____________ .
Integration Clause
A provision in a contract that declares it to be the complete and final agreement between the parties, superseding all prior discussions or agreements.
Statute of Frauds
A legal principle requiring certain types of contracts to be executed in writing and signed by all parties to be enforceable.
Real Estate
Property consisting of land and the buildings on it, along with its natural resources such as crops, minerals, or water; immovable property of this nature.
Collateral
Assets pledged by a borrower to secure a loan or other credit, which can be seized by the lender if the borrower defaults.
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