Why Is There an Increase in the Use of Application

question 3

Multiple Choice

Why is there an increase in the use of Application Tracking Systems by employers?

• A) Online tools are needed since HR staff is declining.
• B) Most jurisdictions make online applications a legal requirement.
• C) It reduces the risk of lost applications and increases the exposure of the job ad.
• D) HR legislation requires a hiring process to be completely devoid of judgment.
• E) They want to increase the volume of applications for each job opening.

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Definitions:

Modified Duration

A measure of the sensitivity of a bond's price to changes in interest rates, adjusted to account for changes in yield.

Market Yield

Refers to the expected yield of a bond based on its current price in the market, which can fluctuate with changes in interest rates and market conditions.

Bond Price

The market value of a bond, which fluctuates based on interest rates, the bond's credit quality, and other factors.

Par Value Bond

A par value bond is a bond that is issued at its face value, and the amount that is paid back to the bondholder at maturity.