Which of These Methods Has Been Found to Be the Way

question 139

Multiple Choice

Which of these methods has been found to be the way most job positions get filled?

• A)Want ads
• B)Employee referrals
• C)Private employment agencies
• D)Unions
• E)Drop-in application

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Definitions:

Global and Local Advantages

The benefits that companies gain by leveraging both global standardization to achieve efficiency and local adaptation to meet specific market needs.

Meganational Approach

A strategy by businesses to operate on a global scale, emphasizing uniformity in products and services across countries to exploit economies of scale.

Value Chain

A series of activities that a company performs to create value for its customers, from product design to post-sale service.

Location Economies

The cost advantages gained by a business due to its geographical position, often influencing its competitiveness.