Which Methods Are Most Commonly Used by Employers to Develop

question 91

Multiple Choice

Which methods are most commonly used by employers to develop a diverse workforce?

• A)advertise vacancies in foreign countries
• B)focus recruitment efforts on communities of different ethnic and cultural backgrounds
• C)relying on employee referrals from existing employees who belong to minority groups
• D)require employment agencies to contact only candidates who belong to minority groups

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Definitions:

Consumer Equilibrium

A state where an individual optimizes their utility or satisfaction from the consumption of goods and services given their income and prices.

Budget Constraint

The representation of all the combinations of goods and services that a consumer can afford to buy with their income at given prices.

Utility

An indicator of the contentment or joy people experience from consuming products and services.

Indifference Curve

A graph showing different bundles of goods between which a consumer is indifferent, highlighting combinations that provide the same level of utility to the consumer.