A Firm Hires Only 5 Employees Annually but Each for a Compensation

question 16

Multiple Choice

A firm hires only 5 employees annually but each for a compensation of $100,000 a year.Assuming it costs the company $12,000 to recruit one person,what is the company's staffing efficiency ratio?

• A)10.2 percent
• B)1)2 percent
• C)21 percent
• D)12 percent

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Definitions:

Evolutionary Psychologist

A professional in psychology who studies how evolutionary theory explains mental and psychological traits, such as memory, perception, or language.

Spatial Abilities

Refers to the capacity to understand, reason, and remember the spatial relations among objects or space.

Natural Selection

The process by which heritable traits that make it more likely for an organism to survive and successfully reproduce become more common in a population over successive generations.

Cognitive Psychologist

A professional who studies mental processes including perception, thinking, memory, and judgment.