The Benefits of Recruiting from Within Include Which of the Following

question 14

Multiple Choice

The benefits of recruiting from within include which of the following?

• A) it stimulates new ideas
• B) employee is "known" to the firm
• C) it allows novel ways of solving problems to emerge
• D) it allows the organization to acquire new knowledge
• E) performance evaluations from past jobs can predict performance in new jobs

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Definitions:

Labor Union

An organization formed by workers to protect their rights, improve working conditions, and negotiate wages and benefits with employers.

Union Shop

A workplace where employees are not required to join the union prior to being hired, but must join soon after they start their employment.

Labor Supply

The total hours that workers are willing and able to work at a given wage rate, in a given time period.

Diminishing Returns

A principle stating that as investment in a single area increases, the rate of profit from that investment, after a certain point, cannot continue to increase if other variables remain at a constant.