You Are the Manager of Your Division at a Large

question 14

Multiple Choice

You are the manager of your division at a large technology firm, and have been waiting to get approval to hire a new person. You have someone in mind: your long-time friend and college roommate, who you know would be a terrific fit with your team. But you are also aware that the company wants to increase its diversity, especially with regard to women.  You worry about this, since your team is all male, and adding a woman would change the dynamics considerably. You've now advertised the new position, as required, and the two best candidates are your friend, and a Latina woman you have never met before. Neither candidate has met your team. Of the following, which would be the best decision? ​

• A)hire your friend; you know he'll fit with the current team ​
• B)hire the woman; the firm will be happy that you've improved diversity
• C)have both candidates meet with your team, each one separately, and get their input on the candidates; then decide based on their preference
• D)have both candidates meet with your team, each one separately, and get their input on the candidates; then make the decision on your own, objectively

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Definitions:

Accounts Receivable Turnover Ratio

A financial metric that measures how efficiently a company collects revenue from its credit sales, calculated by dividing net credit sales by average accounts receivable.

Gross Sales

The total sales revenue of a business before any deductions are made for returns, allowances, or discounts.

Allowance for Doubtful Accounts

A contra-asset account used to estimate the portion of accounts receivable that may not be collectible.

Aging of Accounts Receivable

A report or method that categorizes a company's accounts receivable according to the length of time an invoice has been outstanding to evaluate the likelihood of collecting on those invoices.