What Is the Main Goal of the Recruiting Process

question 80

Multiple Choice

What is the main goal of the recruiting process?

• A)To hire the best candidate for the job
• B)To create a "reasonable pool" of candidates
• C)To hire someone to fill the position that needs to be filled
• D)To encourage people to apply for future positions with the company
• E)To find the maximum number of candidates so you can hire the best

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Definitions:

Cartels

Agreements among competing firms in an industry to control prices, limit production, or divide markets, with the goal of maximizing collective profits.

Herfindahl-Hirschman Index

A measure of concentration calculated as the sum of the squares of the market share of each firm in an industry.

Largest Firm

The organization within a particular industry or market that has the highest revenue, market share, or workforce size.

Market Share

The percentage of an industry's total sales that is earned by a particular company over a specified time period.