A test that measures a range of intellectual skills, including verbal comprehension and numerical aptitude, is a(n) ________ test.
A) personality
B) interest inventory
C) cognitive ability
D) mechanical dexterity
E) assessment center
C) cognitive ability
Explanation: Among the oldest employment selection devices are cognitive ability tests. These tests measure a range of intellectual abilities, including verbal comprehension (vocabulary, reading) and numerical aptitude (mathematical calculations).
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A company has developed the prototype of a mobile phone that it plans to launch in the next few months. The phone comes equipped with the most advanced technological features
As part of its test marketing efforts, the company allows customers to examine and use the prototype and also gathers feedback regarding product features and price. The results of this test marketing effort show that customers are willing to pay at least $500, considering the phone's various features. As such, the company has discovered customers' ________. A) last paid price B) expected future price C) lower-bound price D) upper-bound price E) typical price
Answer the following statements true (T) or false (F)
Financial accounting standard setting in New Zealand has remained within the private sector.
Which of the following statements about an investment center is true?
a. Many investment centers are independent, freestanding divisions. b. When lower level managers work to make their own unit look good rather than working for the best interest of the company, that situation is called suboptimization. c. Frequently, cost center managers will assign the cost incurred in cost centers to operating areas through a process of support departmental cost allocation. d. All of the above statements are true.
Remedying a supplier-related cost disadvantage would not entail
A. collaborating closely with suppliers to identify mutual cost-saving opportunities. B. integrating backward into the business of high-cost suppliers in an effort to reduce the costs of the items being purchased. C. negotiating more favorable prices with suppliers. D. persuading forward channel allies to implement best practices. E. switching to lower-priced substitute inputs.