1) In ECONOMICS, "externalities" (or "negative externalities") are* a

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1) In ECONOMICS, "externalities" (or "negative externalities") are*

a. Activities of stakeholders that occur outside of the corporation proper

b. Activities directed at the market and not internally

c. Environmental costs paid by the corporation that produces such costs

d. None of the above

2) As opposed to unstructured interviews, structured interviews:

a. require interviewers to improvise questions.

b. reduce validity and increase bias.

c. ensure greater consistency.

d. result in low inter-rater reliability.

3. The selection process for hiring the assistant to the mayor of a large city includes giving the finalists three hypothetical crisis scenarios. One deals with a terrorist threat at a sporting event, another deals with a plane crash at the airport, and the third deals with a major earthquake. Each candidate must describe his or her approach to handling the crisis, which will be recorded and evaluated by a panel. This best exemplifies a(n) _____.

a. unstructured interview

b. biographical interview

c. nondirective interview

d. situational interview

4. Which of the following statements is true of Internet job boards?

a. They enable job seekers to submit résumés to many employers simultaneously.

b. Much of the information provided by employers on Internet job boards is intended to mislead competitors.

c. The performance levels of applicants hired through Internet job boards are lower than the performance levels of applicants hired through traditional recruitment methods.

d. Individuals recruited through Internet job boards are mandated by law to pay a service charge to their respective job boards.

5. The HR Manager at Fresh Foods instructs his subordinates to make a list of all employees who have completed about one year in the firm. He wants his subordinates to collect the testscores obtained by these employees when they applied for the job and compare these scores to their job performance over the past year. In this scenario, the HR Manager most likely wants to conduct a(n) _____.

a. internal validity test

b. concurrent validity test

c. face validity test

d. predictive validity test