Which of the Following Is One of the Three Specific

question 46

Multiple Choice

Which of the following is one of the three specific organizational goals that are important to the recruiting process?

• A) Keeping the pool of qualified applicants at a manageable size
• B) Ensuring the organizational culture is oriented to suit the culture of employees
• C) Downsizing redundant positions to accommodate new hires
• D) Running background checks on the personal information of employees

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Definitions:

Elastic Demand

A situation in which the quantity demanded of a good or service significantly changes in response to a change in price.

Close Substitutes

Products or services that can easily replace one another in usage or consumption.

Demand Curves

Graphs showing the relationship between the price of a good and the quantity demanded by consumers, typically downward sloping.

Price Elasticity of Demand

A measure of how much the quantity demanded of a good responds to a change in the price of that good, expressed as a percentage change.