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Scenario C: Tidewater,Inc. ,requires its job applicants to take a test that measures their vocabulary and numerical skills.For specific jobs,the company also requires its applicants to perform a sample of the job.Before implementing the tests,the management analyzes how well the test actually correlates and predicts job performance.When Tidewater needed to downsize,the company helped employees who were laid off to get placed in other organizations,and immediate supervisors talked to the employees about the reasons for their dismissal.
-When the job applicants for specific jobs are asked to execute a sample of the job,the company is utilizing a(n) ________ test.
Economic Growth
An increase in the production of goods and services in an economy over a period of time, typically measured by gross domestic product (GDP) growth.
Unemployment Rate
The percentage of the labor force that is jobless and actively looking for employment.
Balance Of Trade
The difference between a country's exports and imports of goods and services over a certain period.
Federal Budget
The government's estimate of revenue and expenditure for a fiscal year, outlining financial priorities and resource allocations.
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