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The Management at Ajax Corporation Believes That Internal Recruiting Sources

question 44

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The management at Ajax Corporation believes that internal recruiting sources are the best,especially when it comes to filling vacant positions higher up in the hierarchy.Team leaders and managers at Ajax regularly update the internal records of all employees and their performances,promotability,career interests,etc.This allows the company to quickly and cheaply source qualified internal candidates who can be contacted whenever a position needs to filled.Most of Ajax's managers were promoted to their respective positions with the help of this internal database.Which of the following methods of internal sourcing does Ajax use?


Definitions:

Call Option

A financial contract that gives the holder the right, but not the obligation, to buy a stock, bond, commodity, or other asset or instrument at a specified price within a specific time period.

Cash Flow Hedge

A financial strategy used to manage the risk of future cash flow fluctuations due to changes in exchange rates, interest rates, or commodity prices.

Spot Exchange Rates

The current exchange rate at which one currency can be immediately exchanged for another currency in the foreign exchange market.

Derivative Fair Value

The current market value of a derivative financial instrument, reflecting potential gains or losses if it were closed out.

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