Selection Tools Should Be Reliable and Valid

question 122

True/False

Selection tools should be reliable and valid.By reliable,we mean that the tool measures consistently across time and evaluators.By valid,we mean that scores from the tools correspond to actual job performance.

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Definitions:

Unconditional Warranty

A guarantee provided on a product that offers coverage or repair without any conditions or limitations.

Break-even Quantity

is the volume of sales a business must achieve to cover all its costs, without making a profit or a loss.

Marginal Revenue

The additional income generated by selling one more unit of a good or service.

Unit Variable Cost

The cost associated with producing one additional unit of a product, which can include labor, raw materials, and other variable expenses.