An Example of __________ Is When Current Employees Are Given

question 25

Multiple Choice

An example of __________ is when current employees are given preference when a position opens in their organization.

• A) discrimination
• B) internal recruiting
• C) nepotism
• D) external recruiting
• E) cannibalizing

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Definitions:

Bid-rigging

A fraudulent scheme where businesses collude to control the bidding process, often at the expense of fairness.

Common Value Auctions

Auctions in which the item for sale has a value that is equally unknown to all bidders, but ultimately, the value is the same for everyone.

Bidders

Individuals or entities that offer to pay a specific price for goods, services, or assets, often in the context of an auction.

Bid-rigging

A form of fraud where competing parties conspire to determine the winner of a bidding process.