After Recruiting the Qualified Applicants,the Human Resource Department Weeds Out

question 46

True/False

After recruiting the qualified applicants,the human resource department weeds out the less qualified workers and then conducts the selection of the final candidate.

---

Definitions:

Rational Decision

A decision-making process that is based on making choices that result in the optimal level of benefit or utility for the individual.

Economic Payoff

The return or financial gain from an investment or decision in the context of economics.

Sunk Costs

Costs that have already been incurred and cannot be recovered or refunded.

Marginal Analysis

Marginal analysis evaluates the impact of a slight change in production or consumption, used to make decisions about allocating resources most efficiently.