Which of the Following Is an Advantage of Relying on Internal

question 92

Multiple Choice

Which of the following is an advantage of relying on internal recruitment sources?

• A)They are likely to promote diversity in terms of race and sex.
• B)They minimize the impact of political considerations in the hiring decision.
• C)They are generally cheaper and faster than other means.
• D)They expose the organization to new ideas or new ways of doing business.
• E)They are well-suited to recruit specialized upper-level positions.

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Definitions:

Understatement

An error in financial reporting where the value of a figure is reported lower than its actual amount.

Inventory Turnover

A measure of how frequently a company's inventory is sold and replaced over a period.

Cost of Goods Sold

Expenses directly related to manufacturing goods for sale by a business, covering both material and labor expenses.

Inventory

The raw materials, work-in-progress goods, and completely finished goods that are considered to be the portion of a business's assets that are ready or will be ready for sale.