Why Are Want Ads Used in Recruitment

question 56

Multiple Choice

Why are want ads used in recruitment?

• A) They allow for the hiring firm to remain confidential.
• B) They are more effective than blind ads.
• C) They avoid the need for resumes.
• D) They provide an accurate job description and the company's name.
• E) They avoid the need for job applications.

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Definitions:

Variable Cost

Costs that change in proportion to the level of production or business activity, such as materials and labor costs.

Contribution Margin

The difference between sales revenue and variable costs, indicating how much revenue is contributing to fixed costs and profits.

Incremental Manufacturing Cost

The additional cost incurred to produce one more unit of a product, excluding fixed costs.

Traditional Format Income Statement

A financial statement that presents a company's revenues, expenses, and profits in a standard format, often distinguishing between operating and non-operating activities.