Achievement Tests Are Designed to

question 124

Multiple Choice

Achievement tests are designed to

• A) measure the desire and potential capacity to successfully meet challenges.
• B) assess ability to produce novel ideas.
• C) compare an individual's personality with those of highly successful people.
• D) assess learned knowledge or skills.

---

Definitions:

Tacit Collusion

A form of collusion in which firms in a market coordinate their pricing or output strategies without explicit communication or agreement.

Competition

The rivalry among sellers trying to achieve such goals as increasing profits, market share, and sales volume by varying the elements of the marketing mix.

Illegal

Activities or actions that are prohibited by law and subject to legal penalties, including fines and imprisonment.

Legal

Pertaining to laws or the system of rules that a particular country or community recognizes as regulating the actions of its members.