Applicant Tracking Systems Help Employers by

question 71

Multiple Choice

Applicant tracking systems help employers by

• A) charting each applicant's progress through the hiring process.
• B) mapping out promising career paths for each applicant.
• C) sifting through the hundreds or thousands of résumés they receive each year.
• D) tracking down promising applicants by searching social media sites.
• E) doing all of the above.

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Definitions:

Cost Of Goods Sold

The direct expenses incurred in making the goods a company sells.

Variable Cost

Costs that change in proportion to the level of production or sales activities in a company, such as raw materials and labor expenses.

Fixed Cost

Costs that remain constant in total regardless of changes in the level of production or sales over a certain period of time, such as rent, salaries, and insurance.

Product Cost

The total amount of expenses incurred to produce a product, including direct labor, materials, and overhead.