CASE Scenario - Cecil Gray

question 63

Multiple Choice

CASE
Scenario - Cecil Gray
Cecil Gray has just received a memo explaining that because of his department's success with the newly developed Frog Legs, Inc., that his request for three new employees has been approved. Cecil now faces the challenge of working with the areas of human resource management in recruiting, selecting, training and maintaining effective employees.
-Probably the best selection device that Cecil could use in determining the best applicant to choose for promotion to new manager would be

• A) interview.
• B) employment test.
• C) assessment center.
• D) job application form.
• E) all of these are essential.

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Definitions:

Carrying Cost

The total cost of holding inventory, including storage, depreciation, obsolescence, and insurance.

Storage Costs

Expenses associated with storing a company's products or materials until they are needed or sold.

Insurance and Taxes

Mandatory expenses that include payments for risk coverage policies and contributions to state and federal governmental bodies.

Restocking Costs

Expenses associated with replenishing inventory, including purchase, delivery, and storage costs.