If an Organization Had a Selection Ratio of 2:50, It

question 57

Multiple Choice

If an organization had a selection ratio of 2:50, it would mean:

• A) that the company did not get enough applicants
• B) that the company did not recruit from appropriate sources
• C) there is a large number of applicants from which to select
• D) that the job was hard to fill
• E) that the recruits interested were low quality

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Definitions:

Antitrust Legislation

Laws designed to promote market competition by regulating anti-competitive conduct by companies.

1776

The year associated with the Declaration of Independence of the United States, marking its foundation.

Cartel

An agreement among competing firms to control prices or exclude entry of a new competitor in a market, often leading to market inefficiencies and lack of competition.

Price Effect

The effect of a price change of a product or service on its supply or demand.