The First Three Steps Involved in Attracting an Effective Workforce

question 167

True/False

The first three steps involved in attracting an effective workforce are HR planning, choosing recruiting sources, and selecting the candidate.

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Definitions:

Technological Resources

Tools and systems that utilize technology to support various activities, including information access, communication, and operational efficiency.

Financial Viability

The ability of an entity or project to generate sufficient revenue to cover its expenses and achieve long-term sustainability.

Revenue

The total amount of income generated by the sale of goods or services related to a company's primary operations.

Cost Structures

The composition of fixed and variable costs that a company incurs during its operations, impacting its profitability.