Companies Spend Time and Money Searching for External Candidates Because

question 40

Multiple Choice

Companies spend time and money searching for external candidates because:

• A)internal candidates do not have the diversity required for a sales force
• B)internal candidates cost more money in salaries and commissions than do external candidates
• C)companies are required by law to conduct searches for external candidates for sales positions
• D)external candidates tend to be more qualified than internal candidates,and there are more external candidates available
• E)external candidates do not have preexisting misconceptions about the company

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Definitions:

Sales On Account

Transactions where goods or services are sold to a customer with an agreement that payment will be made at a later date.

Cost Of Goods Sold

The total cost directly associated with the production of the goods sold by a company.

Times Interest Earned

A ratio that measures a company's ability to meet its interest obligations, calculated by dividing earnings before interest and taxes (EBIT) by the interest expense.

Financial Statements

Formal records of the financial activities and position of a business, person, or other entity.