Scenario 6-3 You Are an HRM Consultant Working with Several Municipal Governments

question 17

Multiple Choice

Scenario 6-3
You are an HRM consultant working with several municipal governments across Eastern Canada to help them recruit future managers.As the baby boom generation retires, it is getting more difficult to find replacements to fill management-level public-sector positions.You have been involved in promoting several managers from within the organizations and have embarked on a program of leadership development and succession planning.In trying to recruit business school graduates, you have heard young job seekers state that they perceive government as a negative place to work and would not consider applying for government management positions.
-Refer to Scenario 6-3.What is an important but not always the most influential factor when attracting young business graduates

• A)opportunity to use their knowledge, skills, and abilities
• B)reputation of the organization and location
• C)flexible work schedule
• D)security and income

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Definitions:

Interest Capitalization

The process of adding accrued interest to the principal balance of a loan, thereby increasing the total amount of interest to be paid over the life of the loan.

Construction Loan

A short-term loan used to finance the building of a property or real estate project, usually converting to a long-term loan after completion.

Notes Payable

Financial obligations or loans represented by a promissory note that a company needs to pay back.

Successful-efforts Method

An accounting method used in the energy industry for recognizing and capitalizing only those expenses associated with successfully locating new oil or natural gas reserves.