If It Cost a Company $50,000 to Recruit and Hire

question 60

Multiple Choice

If it cost a company $50,000 to recruit and hire 5 applicants, what was the cost per hire?

• A)$5,000
• B)$50,000
• C)$1,000
• D)$250,000
• E)$10,000

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Definitions:

Inflated Price

Describes a price that has been increased beyond what is considered reasonable or fair, often due to manipulation or unfairly high demand.

Higher-Paying Job

Employment that offers increased financial remuneration compared to one's current or previous position.

Breaches

Instances of violating or not adhering to a law, contract, or set of rules.

Award Damages

The process of a court granting monetary compensation to a party for losses or injuries suffered.