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postnew [5]
3 years ago
10

Jacob applied for the position of a correspondent at The News Curator, a news agency in New Orleans, after he graduated. The new

s agency, however, did not hire him as it felt that he was not skilled enough for the job. Jacob then joined another popular agency as a reporter and won the best crime beat reporter award within a year. Which of the following selection errors did The News Curator most likely make?
A. The similarity error
B. The contrast errorC. The first-impression error
D. The false negative error
Business
1 answer:
STALIN [3.7K]3 years ago
3 0

Answer:

The false negative error - Option D

Explanation:

A false negative error, is a test result that indicates that a condition does not hold, while in fact it does. It is a type II error occurring in a test where a single condition is checked for and the result of the test is erroneously that the condition is absent

The first agency Jacob applied to for a job failed to realize that he was fit for it and they resolved into a wrong decision of not hiring him. However, the second agency he applied to were able to recognize the fact that Jacob was fit for the job and after been hired,he was given an award of the best crime beat reporter within a year.

Thus, with respect to the scenario given in the question, the News Curator made the false negative error

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A global recession might limit the benefits of diversifying your investments because most investments may perform poorly if all countries are in a recession

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A decline in global per capita gross domestic product (GDP) is one of the factors the International Monetary Fund (IMF) employs to identify global recessions. The IMF defines this decline in global output as having to occur at the same time as a deterioration of other macroeconomic indices, such as trade, capital flows, and employment.

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6 0
1 year ago
1. Describe several operational and behavioral benefits that are generally attributed to a participative budgetary process. 2. I
morpeh [17]

Answer:

Explanation:

1. Some of the operational and behavioral benefits that are generally attributed to a participatory budgeting process are as follows:

a)  Utilization of the best knowledge of activities in a specific area, because the participants are close to daily operations.

b)  Goals that are more realistic and acceptable.

c)   Improved communication and group cohesiveness.

d)   A sense of commitment and willingness to be held accountable for the budget.

2. Four deficiencies in Patricia Eklund’s participatory policy for planning and performance evaluation, along with recommendations of how the deficiencies can be corrected:

Deficiencies Recommendations The setting of constraints on fixed expenditures includes uncontrollable fixed costs, thereby mitigating the positive effects of participatory budgeting. Rewards should be based on meeting budget and/or organizational goals or objectives. The arbitrary revision of approved budgets defeats the participatory process. The contingency budget should be separate, over and above each department’s srcinal submission. The division manager holds back a percentage of each budget for discretionary use. Managers should be involved in the revision of budgets. Managers could submit a budget with programs at different levels of funding. Evaluation based on budget performance must be accompanied with intrinsic rewards. Divisional constraints could be at a budget "kick-off meeting;however individual limit of controllable expenses should be set by each manager

6 0
3 years ago
What is the purpose of reporting comprehensive income?A. To provide a consolidation of the income of the firm's segments.B. To r
jek_recluse [69]

Answer:

Option D                  

Explanation:

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If included with the fiscal reports with associated reports and other details, the details generated by disclosing detailed income will assist stakeholders, lenders as well as others in determining the operations of a business, and the duration and extent of potential cash streams of a business.

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3 years ago
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docker41 [41]

Answer:

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Explanation:

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2 years ago
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You have been running a successful art and framing shop for three years. You have decided to allow others to use your business n
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<h3><u>Answer -</u></h3>

If one has been running a successful art and framing shop for three years and has decided to allow others to use his/her business name materials and methods in operating their own business for a fee. It may be called as a franchise agreement.

<h3><u>Explanation -</u></h3>

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A certain amount of fees is to be paid by the franchisee that may be called in the layman’s language as the licensee, who is supposed to pay the fee to the licensor (franchisor) are exchanged for the rights to use the franchisor's name is for a specific number of years.

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