In Order to Determine How Much Recruitment an Organization Needs

question 24

Multiple Choice

In order to determine how much recruitment an organization needs to do it should:

• A) ignore the unemployment rate as it is usually inflated based on economic factors.
• B) look outside its local labor market to see what is happening on a national level.
• C) consider the current unemployment rate and what type of applicants are available in the relevant labor market.
• D) not be concerned with skill level of applicants because anyone can be trained to fit the organization's needs.
• E) focus on recruiting for those positions for which it received the most applications.

---

Definitions:

Supplier Power

The ability of providers of goods or services to influence the terms and conditions of supply, affecting market prices and the competitiveness of buyers.

Entry Barriers

Obstacles that make it difficult to enter a particular market, which can include high startup costs, strict regulations, or strong competition.

Resource Heterogeneity

The principle that resources needed for production, such as labor, capital, and land, differ in their quality and composition across firms or economies.

Temporary Competitive Advantage

A situation where a firm gains an edge over its competitors for a short period due to unique resources or positioning.