Solved

Scenario 10-1 For Four Months You Have Been Employed as the Part-Time

question 50

Multiple Choice

Scenario 10-1
For four months you have been employed as the part-time HRM for TS Inc., a small Canadian aviation company. In the past, recruitment and selection rested on the shoulders of the president and, like most small companies, TS Inc. used employee referrals and an informal interview processes in selecting employees. Since you have been hired, you have guided management through several stages of the recruitment and selection process to hire an aircraft maintenance engineer. TS Inc. has used proper selection methods such as screening, testing, and structured interviews but is not sure about how to integrate the data from these various sources. In the past, the president relied on his gut feeling about applicants and made poor hiring decisions.
-Refer to Scenario 10-1. TS Inc. wants the relationship between the actual number of people hired and the number who applied for a position to yield 0.8. What is this proportion of applicants called?

Definitions:

Market Period

A short duration in which the quantity of goods supplied to the market cannot be changed.

Perishable Good

A type of good that has a limited shelf life and can spoil or become unusable after a certain period, such as food products.

Ripe Strawberries

Fully mature strawberries that have reached their peak of sweetness and flavor, often used to signify readiness or perfect timing.

Tax

A requisite fiscal demand or variant levy put on a taxpayer by a political organization to underwrite government expenditure and sundry public disbursements.