Jeff Wants to Start His Own Business and He's Eager

question 25

Multiple Choice

Jeff wants to start his own business and he's eager to make it successful. He remembers his sociology professor talking about socialization theory, human capital, and allocation theory. Armed with this knowledge, what should be Jeff's strategy in building up his business?

• A) Avoid hiring too many college graduates. They demand higher salaries, which drains money from profit margins.
• B) Hire more workers than you think you'll need. Not all of them will stay with the company for long.
• C) Hire mostly college graduates. They'll have the needed skills and productivity levels.
• D) Outsource as many positions as possible to keep personnel costs low.

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Definitions:

Active Attempts

Deliberate actions or efforts made to achieve a specific goal or outcome.

Eating Disorder

A range of psychological disorders characterized by abnormal or disturbed eating habits, which can have serious health consequences.

High Neuroticism

A personality trait that indicates a higher tendency towards emotional instability, anxiety, moodiness, worry, and jealousy.

Low Extraversion

Characterized by being reserved, introspective, and less engaged in social activities.