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

question 18

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 process 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.has often selected the first applicant who met the minimum qualifications.What is this constraint

• A)applicant knowledge, skills, abilities, and other attributes
• B)satisficing
• C)implicit hiring
• D)judgmental procedure

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Definitions:

Fixed Costs

Expenses that do not change with the level of production or sales activity, such as rent, salaries, and insurance.

Cash Break-even

The point at which a business's cash inflows match its cash outflows, meaning the business is making just enough to cover its cash operating expenses.

Capital Intensity

A measure of how much capital is used in the production process, indicating the extent to which a business or economy relies on capital equipment compared to labor.

Production Process

The series of actions or steps taken to manufacture a product from raw materials to the finished goods.