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Assume you gave a general 'ability test', measuring both verbal communication and computational (basic math skills like addition, subtraction, division, multiplication), to a group of job applicants for multiple entry-level financial analyst positions. Also assume that because of severe hiring pressures to fill 8 positions within a 4-week period, you hired all of the applicants, regardless of their test scores. What kind of impact could predictively happen as a result of this hiring decision? What other measurement and/or reliability tests would you have recommended be given to applicants to test required skills like verbal communication and computational skills but also increase the accuracy of qualified hires in a short time span? Explain why.
In general, what type of information/data does a selection decision-maker need to collect in making staffing decisions? Why is this important and what are ways in which this information can be collected?
How do you forecast interest for three years on a company projected financial statement? What tools are available to help companies monitor and improve their marketing activities? How does measuring ROI in automation justify productivity?" Describe t..
Assume the following facts: As a class, women live longer than men. For this reason, the LA Department of Water and Power requires female employees to make larger contributions to its pension fund than its male employees. As a female employee of the ..
analyze the internal environment of the company you researched to determine that company's strengths and weaknesses.Based on the strengths and weaknesses you discovered, determine what steps the company could take to positively impact the company'..
Identify the important characteristics, terms, and concepts of various decision environments and Explain the principles of model building and apply linear models for common business applications
George Stein sat in his large office overlooking Chicago’s Michigan Avenue. As CEO of Gold Coast Advertising, he seemed to always be confronted with one problem or another. What is wrong with how Gold Coast Advertising measures its quality? Explain w..
Using the information from our text and the lecture material on process management, explain how some of the tools described (e.g., flowcharts, histograms, etc.) can be used to determine whether supplier quality is at the desired levels. Why would it ..
How can you prepare an initial response when charged that will attract the interest of the company that posted the RFP?
Why is it important to study the internal resources, capabilities, and activities of firms? What insights can be gained.
One important aspect of learning from experience is observing the consequences of one’s actions. Sometimes, however, the most significant consequences of a leader’s actions do not occur for several years. Is there any way individuals can learn from t..
Assume Ed can invest his money at 6% for six months in an ordinary annuity.
What are at least five new product ideas that could really increase new revenue for Wendy's Fast Food Restaurant? Out of the ideas you list which one do you think would really have the best chance of succeeding in generating additional revenue and no..
Why did Auto systems decide to install Active Entry system. Why did they feel it necessary to integrate it with their TRANS4M ERP system.
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