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Human Resources Selection
Dennis, the manager of selection in the human resources department, had been asked by Stephen, his boss and Vice President of human resources, to review the selection methods their firm had been using and to recommend methods for future use.It seems that recent hires just had not been working out, and this caused friction between the human resources group and the front-line managers who had to utilise the talent sent to them.Additionally, there was also a need to hire executives in the company and, due to the responsibility these positions carry, the company wanted to ensure they selected the best possible people.Dennis reviewed written tests as a selection method.
-Refer to Human Resources Selection (Scenario) .For the executive positions, Dennis considered using ________, where candidates go through extensive exercises that simulate real problems they would confront on the job.
Cash Balance
The amount of cash a company or individual has available at any given time, reflecting liquidity.
Average Daily Receipts
This metric calculates the average amount of money received by a company on a daily basis over a specific period.
Disbursement Float
The time delay between when a check is written and the actual withdrawal of funds from the account.
Book Balance
Refers to the amount of funds on record that a company has in its financial accounts at a specific point in time, not necessarily reflecting pending transactions.
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