Scenario C: Tidewater,Inc

question 87

Multiple Choice

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.
-The type of test that Tidewater utilizes to measure its job applicants' vocabulary and numerical skills is a(n) ________ test.

• A)integrity
• B)cognitive ability
• C)personality
• D)performance
• E)concentration

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Definitions:

Fixed Expenses

Costs that do not fluctuate with the level of production or sales, such as rent and salaries.

Contribution Margin

The amount remaining from sales revenue after variable costs are deducted, indicating the capability of covering fixed costs and generating profit.

Variable Manufacturing Costs

Costs that vary in total directly and proportionately with changes in the production volume, including direct materials, direct labor, and variable manufacturing overhead.

Selling Commission

A fee paid to a salesperson or agent for facilitating a sale, typically a percentage of the sale price.