A group of IT consultants are serving as subject matter experts (SMEs) to develop a test to be used in selecting entry-level IT consultants for a global consulting firm. If the test they are developing is designed to measure knowledge of basic IT practices, what type of validation is being used for the test development?

a. Construct validity
b. Predictive criterion-related validity
c. Concurrent criterion-related validity
d. Content validity

Ans: d. Content validity

Business

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He needs to determine from whom he should buy. He needs to consider all brands in his consideration set. He must decide when he will make the purchase. He needs to identify his motivations for purchase.

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ABC, a start-up enterprise organized as a LLC, took out a $250,000 loan with First Bank. First Bank's loan is classified as ___________financing for the business.

a. Equity b. Debt c. Contingent d. Ancillary

Business