When a Firm Determines That It Will Need to Hire

question 27

Multiple Choice

When a firm determines that it will need to hire 50 customer service representatives within the next three months,it has engaged in ________.

• A)attracting
• B)placement
• C)workforce planning
• D)competency modeling

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Definitions:

Full Capacity

The highest amount of products or services a business can consistently generate during a specific timeframe under standard conditions.

Fixed Assets

Long-term tangible assets used in the operation of a business, not expected to be converted to cash within a year.

Sales Growth

The increase in sales over a specific period, reflecting a company's ability to grow revenue through marketing, expansion, and new product introductions.

Subcontract

An agreement where a primary contractor hires another party to perform part of the work that they have been contracted to complete.