2.Organizations should collect as much reliable and valid data as is economically feasible and then use it to select the best applicants. Reliable data refers to information that is repeatable and consistent. Valid data refers to information that indicates how well employees will perform their jobs. In some situations, very little information needs to be collected regardless of its reliability and validity. Extensive information is unnecessary when a job is simple and can be performed by almost any applicant or when the cost of making a bad hiring decision is negligible However, as jobs become increasingly difficult to staff with competent employees and as the costs of making a poor hiring decision increase, the collection of reliable and valid information becomes very important.Selection ProcessThe selection process is a sequential procedure involving some or all of the steps illustratedin Exhibit 15. Each step in the process is typically treated as a hurdle that systematically screens the number of employees advancing to the next step. To survive the process and be laced in the job, an applicant must successfully pass each hurdle. Most organizations reject undesirable applicants at each step of the process to reduce the burden of keeping track of a large number of applicants, but some organizations have all applicants go through the entire selection process, waiting until the end to choose the best candidate. Each step in the selection Process should be designed to obtain specific, useful information for making a hiring Decision.The order of the steps in the application process should be determined by a cost-benefit analysis; the most costly and subjective steps should be placed at the end of the process when fewer applicants remain in the pool.