Which of the Following Is an Advantage Associated with Internal

question 84

Multiple Choice

Which of the following is an advantage associated with internal recruiting?

• A) it allows for more accurate prediction of the person's chance of success
• B) it brings in "new blood"
• C) it decreases costs associated with employee counselling
• D) it allows new ideas to be introduced into the organization
• E) it removes undesirable employees

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Definitions:

Average Variable Cost

This is the average amount of variable costs (costs that change with production levels) per unit produced.

Net Profits

The actual profit after working expenses not included in the calculation of gross profit have been paid.

Production Quantity

The total volume or number of units of a product made by a company or industry.

Contribution Margin

Contribution margin is a cost accounting concept that calculates the difference between a product's price and its variable costs, indicating how much each unit sold contributes to covering fixed costs and generating profit.