Potential Pitfalls of Using Executive Search Firms Includes All of the Following

question 32

Multiple Choice

Potential pitfalls of using executive search firms includes all of the following except

• A)they may present unpromising candidates to a client.
• B)the time that must be spent explaining in detail the type of candidate required.
• C)they can be more interested in persuading the employer to hire any candidate.
• D)they tend to be more salespeople than they are professionals.
• E)they tend to focus only on persons currently looking for new positions.

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Definitions:

Sticky Downward

A situation in economics where prices, especially wages, are resistant to decreasing even in conditions where a decrease would be expected.

Net Taxes

Net taxes are the total taxes paid to the government after subtracting transfers and subsidies received from the government.

Real GDP

The calculation of a nation's economic productivity accounting for variations in prices, such as inflation or deflation, to represent the true worth of its produced goods and services.

Classical Economists

A group of economists in the late 18th and early 19th centuries who believed in the idea of self-regulating markets, emphasizing free competition and minimal government intervention.