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SCC (Standards Council of Canada), ISM (Institute for Supply Management)

question 60

Multiple Choice

SCC (Standards Council of Canada) , ISM (Institute for Supply Management) , APICS (Association for Operations Management) , and PMI (Project Management Institute) are important professional organizations to operations management because they do all of the following except

Recognize the legal implications of signatures and indorsements on negotiable instruments.
Learn about the special indorsement rules and their exceptions.
Understand the concept of negotiation and how one becomes a holder of a negotiable instrument.
Grasp the concept of personal and universal defenses in the context of negotiable instruments.

Definitions:

Behavioural Description Interview

A job interview technique where candidates are asked to describe past behavior in specific situations, which can predict future behavior in similar situations.

Panel Interviews

A method of interviewing where the candidate is questioned by multiple interviewers simultaneously, often used to assess compatibility with the team or organization.

Reliability

The degree to which an assessment or measurement tool yields consistent and stable results over multiple instances or applications.

Situational Interview

A job interview technique where candidates are asked to describe how they would handle specific workplace situations.

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