In a now-classic utility analysis,Cascio and Ramos found that the use of a particular approach to assessment for selecting managers by the telephone company
A) was costing the company over two million dollars per year.
B) could save the company more than $13 million over four years.
C) had to remain outdated because modernization was too costly.
D) None of these

Question

Quizplus · Accepted Answer

Cascio and Ramos found that the telephone company's approach to assessment for selecting managers was not effective and could result in significant cost savings. Specifically, they estimated that using a more effective approach could save the company over $13 million over four years. Therefore, option B is the correct answer. Option A is incorrect because Cascio and Ramos did not report that the approach was costing the company over $2 million per year. Option C is also incorrect because the research did not suggest that modernization was too costly.

In a Now-Classic Utility Analysis,Cascio and Ramos Found That the Use