Conolly Company Uses Internal Recruiting Whenever Possible

question 139

Multiple Choice

Conolly Company uses internal recruiting whenever possible. This practice:

• A) costs more than external recruiting.
• B) decreases employee satisfaction.
• C) generates increased employee commitment.
• D) demotivates existing employee given limited socializing opportunities.
• E) gives employees an upper hand in negotiations.

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Definitions:

Profits

The financial gain obtained when revenues generated from business activities exceed the expenses, costs, and taxes needed to sustain those activities.

Losses

Financial conditions reflecting that expenses have exceeded revenues, resulting in a negative net income.

Annual Salary

The total amount of money an employee is paid over the course of a year for their work, typically expressed as a yearly sum rather than hourly wages.

Partnership

A partnership is a legal form of business operation between two or more individuals who share management and profits.