To test the validity of the selection test for advanced widget designers, Correll-Techno Inc. administers the test to the present widget makers in the company. The test results are then compared with the employees' latest performance appraisal scores. In this instance, what type of validation does Correll-Techno implement?

A. Predictive validation
B. Concurrent validation
C. Content validation
D. Construct validation
E. Diagnostic validation


Answer: B. Concurrent validation

Business

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Expropriation is said to have occurred when a foreign national company dispossesses a home-country company through uncompetitive practices

Indicate whether the statement is true or false

Business

In the United States, there is a cultural belief by many that individuals should consider how their actions will benefit themselves versus how actions may impact the group. The United States would likely score high on ______ in Trompenaars' dimensions of value orientations.

A. activation B. individualism–collectivism C. diffusion D. neutrality

Business

Smart Tablets, Inc, requires all distribu¬tors of its products to sell them at a specified minimum price. This is a violation of antitrust law

a. if the anticompetitive effects outweigh the competitive benefits. b. if the competitive benefits outweigh the anticompetitive effects. c. under any circumstances. d. under no circumstances.

Business

The risks of vertical integration include all the following except

A. problems associated with unbalanced capacities along the value chain. B. additional administrative costs associated with managing a more complex set of activities. C. lack of control over valuable assets. D. costs and expenses associated with increased overhead and capital expenditures.

Business