Some Advantages of Hiring Within a Firm Include

question 20

Multiple Choice

Some advantages of hiring within a firm include

• A)the cost of hiring a new employee is eliminated
• B)the loss in productivity is reduced
• C)encouraging company loyalty
• D)increases employee morale
• E)all of the above

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Definitions:

Utilities

Services provided to the public, including electricity, gas, water, and sewage services, typically requiring payment.

Generates Revenues

Activities or assets within an organization that contribute to earning income from sales of goods or services.

Incurs Costs

To have expenses or to bear the expense of an action or operation.

Ratio Scale

A quantitative scale where there is a true zero and equal intervals between neighboring points, allowing for the measurement of absolute quantities and the comparison of ratios.