In ________, a participant takes the part of a manager or employee in a situation involving the skills to be assessed.

A. interview sessions
B. role-plays
C. personality tests
D. leaderless group discussions
E. group discussions


Answer: B

Business

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The probability of an economic decline in the year 2008 is 0.23. There is a probability of 0.64 that we will elect a republican president in the year 2008. If we elect a republican president, there is a 0.35 probability of an economic decline. Let D represent the event of an economic decline, and R represent the event of election of a Republican president. a.Are R and D independent events?b.What is the probability of a Republican president and economic decline in the year 2008?c.If we experience an economic decline in the year 2008, what is the probability that there will a Republican president?d.What is the probability of economic decline or a Republican president in the year 2008? Hint: You want to find P(D?R).

What will be an ideal response?

Business

________ is defined as the activities used to establish, develop, and maintain customer sales

A) Data mining B) Customer relationship management C) Customer retention D) Customer satisfaction E) Customer differentiation

Business

Recent maintenance costs of Divers Corporation are listed below:  Machine-Hours Maintenance CostsFebruary527  $5,144March499  $5,033April542  $5,220May541  $5,196June489  $4,973July543  $5,200August558  $5,288September513  $5,060 Management believes that maintenance cost is a mixed cost that depends on machine-hours.  Using the least-squares regression method, the estimate of the variable component of maintenance cost per machine-hour is closest to:

A. $4.43 B. $4.57 C. $6.00 D. $9.76

Business

Which of the following statements is true of individual spot awards?

A. They are given to all employees as a one-time cost-of-living adjustment. B. They are an example of long-term incentives. C. They are more expensive than merit pay increases. D. They are given to employees for exceptional performance as an add-on bonus.

Business