While the Overall Selection Process Is the Responsibility of the HR

question 24

True/False

While the overall selection process is the responsibility of the HR department, line managers often make the final decision about hiring personnel into their unit.

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Definitions:

Return on Investment

A financial ratio used to evaluate the efficiency or profitability of an investment, calculated by dividing net profit by the cost of the investment.

Minimum Return on Investment

The lowest acceptable return on an investment, below which investments are considered unprofitable or not worth pursuing.

Profit Margin

A financial metric used to evaluate a company's financial health by revealing the percentage of revenue that exceeds the costs involved in making sales.

Return on Investment

A measure used to evaluate the efficiency or profitability of an investment, calculated as the net profit from the investment divided by its cost.