As a Human Resource Specialist, You Recommend an International Scope

question 34

Multiple Choice

As a human resource specialist, you recommend an international scope when defining the relevant labour market for a nuclear physicist to be responsible for the safety of a Canadian nuclear reactor. Which of the following variables is likely to be informing your decision?

• A) the level of job specialization
• B) the international nature of the industry
• C) the highly visible nature of the role
• D) the level of responsibility and high profile nature of the role

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Definitions:

Required Reserve Ratio

The fraction of deposits that a bank is mandated by regulations to hold in reserve and not loan out.

Excess Reserves

The amount of reserves that a bank holds beyond the required minimum, which can be loaned out to generate earnings.

Open Market Operations

A monetary policy tool used by central banks to control the money supply by buying or selling government securities in the open market.

Reserve Requirement Ratio

The fraction of deposits which a bank is mandated to hold in reserve, either in its own vaults or with the central bank, rather than lending to consumers.