Your Colleague Wishes to Find a Position with Another Employer

question 52

Multiple Choice

Your colleague wishes to find a position with another employer and has asked you to define what is meant by networking as a career development tool.You advise her that

• A)it involves asking a contact for a job.
• B)the objective is to let people know about yourbackground and career goals and to share information so both parties benefit.
• C)the objective is to let people know about background and career goals and to share information so the job seeker benefits.
• D)the objective is to provide information so the employer can decide if the job seeker is the right candidate.
• E)personal networking involves speaking to external professional contacts about career goals but not to colleagues within the organization.

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Definitions:

Date of Record

The cut-off date set by a company in order to determine which shareholders are eligible to receive a dividend or distribution.

Earnings Per Share

Earnings per share (EPS) is a financial metric that represents the portion of a company's profit allocated to each outstanding share of common stock, indicating the company's profitability.

Excess Cash

The amount of cash holdings that exceed the normal operational needs of a company.

Stock Repurchase

A business operation where a company repurchases its shares from the market, leading to a decrease in the total number of shares available.