In the Selection Process,a Reject Error Occurs When ________

question 139

Multiple Choice

In the selection process,a reject error occurs when ________.

• A)a qualified candidate rejects the job offer
• B)an unqualified candidate is rejected by the employer
• C)a candidate who would have performed successfully is rejected
• D)a candidate accepts the job offer and is later rejected for poor job performance
• E)a qualified candidate is rejected because of errors in their application information

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Definitions:

High-margin Items

Products or services that generate a significantly higher percentage of profit compared to their cost of production or acquisition.

Low-margin Items

Products or services that generate a minimal profit margin, often sold to attract customers or achieve volume sales.

Contribution Margin Ratio

A financial metric indicating the portion of sales revenue that is not consumed by variable costs and therefore contributes to covering fixed costs.

Unit Contribution Margin

The difference between the selling price per unit and the variable cost per unit.