What are three paradoxes related to selection?
What will be an ideal response?
a. Political appointment – a form of patronage- is the primary selection method for most senior government positions which are often selected as much based on party and personal affiliations as on technical merit.
b. Although we think of public sector selection as primarily open application of merit principles, selection for many positions is determined largely by seniority (internally-based hiring).
c. Despite the success of rigorous methods for ensuring merit principals (and sustaining seniority practices as well), the trend is to introduce more flexibility in and localized determination of the hiring process.
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Elisandra, a marketing manager at a regional chain restaurant, has decided to organize a contest calling for customers to create commercials for the restaurant. Winning entries will be posted on the organization's home page
Elisandra's plan is an example of ________. A) consumer-generated marketing B) partner relationship management C) customer lifetime value D) community development around a brand E) customer divestment
In a perpetual inventory system, merchandise returned to vendors reduces the merchandise inventory account
Indicate whether the statement is true or false
Conflicting rankings in the case of mutually exclusive projects using NPV and IRR often result from differences in the magnitude and/or timing of cash flows
Indicate whether the statement is true or false
It is believed that the median yearly income in a suburb of Atlanta is $70,000 . A sample of 67 residents was taken. Thirty-eight had yearly incomes above $70,000 . 26 had yearly incomes below $70,000 . and 3 had yearly incomes equal to $70,000 . The null hypothesis to be tested is H0: median = $70,000 . The p-value for this test is
a. 0.4332 b. 0.8664 c. 0.0668 d. 0.1336