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.

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Definitions:

Capital

Capital refers to the financial resources that businesses use to fund their operations and grow, including equity, debt, and retained earnings.

Assets

Resources owned by a company that have economic value and are expected to provide future benefits.

Rent Expense

The cost incurred by a business for leasing a property or equipment for operational purposes.

Income Summary

An account used in the closing process that summarizes the results of all revenue and expense accounts.