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It's all about being able to identify your personal shortcomings and do something about it. IT can also reveal character that may or may not influence an employer.
For example... If you were going to hire someone, think about how a potential employee answers the question:
Employee #1: "I would change my financial situation."
Employee #2: "I would change my educational situation."
Your'e going to form an opinion about the employee based on the answer to the question. Those opinions may or may not be accurate. They may be stereotypes or biased or whatever. They would still exist, right or wrong, good or bad.
Now, in all reality, the answer to the question may or may not have any bearing on the outcome of the interview. However, the deeper implications of the question could form an opintion that could be valuable or detrimental further down the road.
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LOOKING FOR THE FAQ? IT'S HERE.
You never found that link, did you? Why? It's hard to find in the NavBar across the top of the forums, amongst a lot of other crap.
TELL MP3CAR YOU WANT A LINK TO THE FAQ IN A MORE OBVIOUS, NOTICABLE LOCATION HERE.
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