ValuTech Is a Large-Scale Software Company

question 30

Multiple Choice

ValuTech is a large-scale software company.Which of the following,if true,is a lagging indicator of staffing?

• A)The company's image was tarnished by a spate of lawsuits which resulted in the resignation of several members of the top management.
• B)The company has witnessed a drop in demand for its products and services over the last six months due to recessionary trends.
• C)The company relaxed its hiring standards at the time of recruitment and new hires are struggling to keep pace with the dynamic work environment.
• D)The industry-wide adoption of new technologies has resulted in several firms redefining their job requirements.

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Definitions:

Semiannual Interest Rate

The interest rate applied to a financial instrument such as a loan or bond twice a year.

Interest Rate

The percentage of a sum of money charged for its use, indicating the cost of borrowing money or the return on invested savings.

Compounded Annually

Refers to the process of calculating interest on both the initial principal and the accumulated interest from previous periods on an annual basis.

Lump Sum Payment

A single payment made at a particular time, as opposed to several smaller payments or installments.