An Increasing Number of Employers Are Initiating a Web-Based Application

question 67

Essay

An increasing number of employers are initiating a web-based application process to procure employees.What are the advantages and disadvantages of this method for both the employer and the employee? Have you,or someone you've known,applied for a job online? What was the outcome?

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Definitions:

Bidding Process

The procedure by which a contractor is selected to work on a project, usually involving submission of proposals and selection based on criteria such as price and capability.

Reconciliation

The process of ensuring that two sets of records or accounts are in agreement, often used in accounting to match transactions and balances.

Interest Charges

The costs incurred for borrowing money, calculated as a percentage of the total amount borrowed.

Management Reserves

Budgetary allocations set aside for unforeseen changes in the scope and cost of a project.