Which of the Following Statements About Recruiting Is Most Accurate

question 149

Multiple Choice

Which of the following statements about recruiting is most accurate?

• A)It is important for a firm to recruit and hire people who are not only skilled but who also fit in with the firm's culture and leadership style.
• B)Small firms generally have a strong advantage when it comes to recruiting.
• C)One advantage to using external sources when recruiting is that this approach tends to result in higher morale among the firm's existing employees.
• D)Recruiting internally will almost always result in better qualified applicants than recruiting externally.

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Definitions:

Nominal Rate

The interest rate before adjustments for inflation, used in the evaluation and comparison of loans or investments.

Effective Annual Rate

The interest rate on an investment or loan on an annual basis, taking compounding into account, providing a true reflection of financial returns or costs.

Effective Annual Rate

The interest rate on an investment or loan that considers compounding over a specified period, usually yearly.

Nominal Rate

The interest rate unadjusted for inflation, expressing the literal annual cost of credit or return on investment.