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Scenario 7.1 Brilliance Is a Management Consulting Firm That Has Offices in Offices

question 39

Multiple Choice

Scenario 7.1
Brilliance is a management consulting firm that has offices in six large midwestern cities: Chicago, Detroit, Milwaukee, Minneapolis, St. Louis, and the headquarters, Kansas City. The head of human resources, Franklin Walker, is currently facing several challenges. First, the firm needs to hire about twenty-five new consultants each year to ensure enough consultants to fully staff all projects. The firm prefers to hire business managers with about 3 to 10 years' experience in manufacturing for these jobs, and recent recruiting efforts with advertisements have led to hundreds of responses. Brilliance's HR staff are overwhelmed with the volume of résumés they receive for processing.
Second, the firm would like to be able to recommend high-tech solutions for its customers. But many of Brilliance's consultants have been out of school for more than a decade, some for 30 years or more, and their skills are no longer cutting edge. Third, and most troubling, the head of Brilliance, Indira Chaudhuri, is in her late sixties. She has not yet announced any retirement plans, but she also has not identified anyone to assume her role when she does retire.
-Refer to Scenario 7.1. Which of the following recruiting techniques would be MOST likely to help Brilliance hire staff with better high-tech skills?

Definitions:

Excess Supply

The situation where the quantity of a good or service that is available exceeds the quantity demanded by consumers at the current price.

Excess Demand

A market condition where the quantity demanded of a product exceeds the quantity supplied, often resulting in upward pressure on prices.

Price Cheeseburger

The financial cost or value assigned to purchasing a cheeseburger, often influenced by factors such as ingredients, location, and brand.

Quantity Demanded

The total amount of a good or service that consumers are willing and able to purchase at a specific price over a given period of time, influenced by price, income, and other factors.