Some Pros and Cons of Using External Recruiting Sources Include

question 75

Multiple Choice

Some pros and cons of using external recruiting sources include all of the following EXCEPT:

• A) Productivity is improved and there is less training involved when brining in external candidates.
• B) It is generally more costly than internal recruiting.
• C) Bringing in "outsiders" may help the organization see things differently.
• D) Specific competencies which are currently missing can be targeted when looking for applicants outside the company.
• E) Bringing in "outsiders" may upset current employees who are turned down for promotions or transfers.

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Definitions:

Production Function

A mathematical representation that describes the relationship between inputs used in production and the output of goods or services.

Profit Maximization

Profit maximization is an economic principle where businesses aim to achieve the highest profit possible by adjusting production levels, pricing, and other operational decisions.

Profit Maximization

The procedure a corporation uses to ascertain the optimal price and quantity of production for maximum earnings.

Production Function

An economic model expressing the relationship between inputs (like labor and capital) and the quantity of output produced.