Question 1

People's knowledge and skills insofar as these are relevant to the labor market is also called:&#10;A) financial capital&#10;B) human capital&#10;C) social capital

Accepted Answer

Human capital refers to the knowledge, skills, and abilities possessed by individuals that are relevant to the labor market. This can include formal education, training, and work experience. Financial capital refers to money and other financial assets, while social capital refers to social networks and relationships that can provide access to resources and opportunities.

Question 2

Fill in the blank: Granovetter concluded that in highly developed countries a considerable share of the jobs are found ___.&#10;A) online&#10;B) via personal networks&#10;C) using formal methods

Accepted Answer

Granovetter concluded that in highly developed countries, a considerable share of the jobs are found through personal networks or social connections. This is known as the "strength of weak ties" theory, which suggests that weak ties (acquaintances, rather than close friends or family) are often more beneficial in job search because they have access to a wider range of information and opportunities.

Question 3

Imagine having one weak tie and one strong tie. Which tie is more likely to help you finding a job?&#10;A) the weak tie&#10;B) there is no difference when having only one weak tie and one strong tie&#10;C) the strong tie

Accepted Answer

Studies have shown that strong ties, such as close friends or family members, are more likely to provide job opportunities or referrals than weak ties, such as casual acquaintances or social media contacts. This is because strong ties have a stronger sense of trust and connection with you, and are more likely to go out of their way to help you in your job search.

Question 4

What is the definition of social resources?&#10;A) valuable labor-market related resources which are embedded in personal networks&#10;B) valuable labor-market related resources such as education and work experience&#10;C) people's valuable social skills that are useful for obtaining a job

Accepted Answer

Social resources refer to valuable labor-market related resources which are embedded in personal networks, such as having connections who can provide job opportunities or inside information about job vacancies. Option B and C may also be considered valuable resources, but they do not include the idea of personal networks.

Question 5

When using a position generator, people are asked about:&#10;A) their weak ties only&#10;B) both their weak and strong ties&#10;C) their strong ties only

Accepted Answer

When using a position generator, people are asked about both their weak and strong ties. Position generators are designed to capture the full extent of a person's network, both strong and weak ties, in order to provide a comprehensive understanding of the individual's social capital and potential opportunities for mobilization. Focusing solely on weak or strong ties would result in an incomplete and potentially skewed analysis of the individual's network.

Question 6

For which method do you think measurement reliability is more an issue?&#10;A) audit-testing&#10;B) correspondence-testing&#10;C) it is equally problematic for both

Accepted Answer

Audit-testing involves measuring financial information and ensuring its accuracy and reliability. As such, measurement reliability is crucial in this method to ensure the accuracy of financial statements. Correspondence-testing, on the other hand, involves confirming information with outside sources, making measurement reliability less of an issue.

Question 7

Fill in the blanks: The career amibition and job outcomes proposition states that the higher peoples' career ambitions, and the more strongly these ambitions are (A), the better their (B).&#10;A) (A) is 'approved in their environment' and (B) is 'labor market position'&#10;B) (A) is 'internally motivated' and (B) is 'career'&#10;C) (A) is 'reflected by people's actions' and (B) is 'job'

Accepted Answer

The statement "approved in their environment" suggests that the individual's ambitions align with the expectations and opportunities of their surrounding social and economic context, which can help them achieve a better labor market position.

Deck 10: Resources