An Example of a Situational Question Is

question 55

Multiple Choice

An example of a situational question is

• A)"Tell me about a time when you managed numerous priorities in a short period of time."
• B)"Tell me about a time when you had to discipline an employee arriving late for work three days in a row."
• C)"How would you handle an irate boss who was just told that the output in the department was below standard?"
• D)"What type of computer skills are you proficient in?"
• E)none of the above.

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Definitions:

Budget Lines

A graphical representation of all possible combinations of two goods that can be purchased with a fixed income.

Indifference Curves

Graphical representations of a consumer's preferences, showing different combinations of two goods between which the consumer is indifferent.

VCR

A video cassette recorder, a device once commonly used to play and record television programs and movies on magnetic tape.

Perfect Substitutes

Goods or services that can be used in exactly the same way, thus one can completely replace another in consumption.