The Immediate Supervisor Is Generally Responsible for Making the Final

question 88

Multiple Choice

The immediate supervisor is generally responsible for making the final selection decision.Reasons for this include all of the following EXCEPT that

• A)he or she is generally best qualified to assess job knowledge and skills.
• B)he or she is often highly skilled in the selection process.
• C)it is important that the individual selected fits in with current department members.
• D)if he or she is not committed to the selected individual,that person can easily be set up for failure.
• E)he or she must provide guidance and assistance to the new hire.

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Definitions:

Profit-Maximizing Output

This term refers to the level of production at which a business achieves the greatest profit, where marginal cost equals marginal revenue.

Market Price

The current price at which a good or service can be bought or sold in a given market, determined by supply and demand.

Units

Measurements or quantities of a product or service.

Short-Run Costs

Costs that vary with the level of output in the short term, where at least one factor of production is fixed.