What Is a Reason That Companies Might Want to "Buy

question 20

Multiple Choice

What is a reason that companies might want to "buy" instead of "make" talent from the market when looking to acquire employees with a particular skill set?

• A)External training methods are better than internal ones
• B)Companies are always willing to pay more for external employees
• C)External training is more advanced (up-to-date)than internal
• D)Scale economies can result in fixed education costs while in house education methods may be more expensive
• E)Externally trained employees are more likely to become better business leaders

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Definitions:

Dependent Variable

A variable in scientific research or statistical analysis that changes in response to the variation of an independent variable.

Heteroscedasticity

A characteristic of a set of data where the variance of the error term is not constant across all levels of the independent variables, which can affect statistical analyses.

Regression Line

A line of best fit through a set of data points in statistical modeling, showing the relationship between the independent and dependent variables.