When a Firm Focuses on Hiring Only for Entry-Level Jobs

question 22

Multiple Choice

When a firm focuses on hiring only for entry-level jobs and it tends to promote from within the firm, then the firm is said to:

• A) use the benchmark competitive labor market.
• B) have an internal labor market.
• C) hire based on human capital.
• D) use compensating differentials.

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Definitions:

Depression

A psychological condition defined by a constantly low mood or a lack of enthusiasm for activities, leading to a notable disruption in everyday functioning.

Postpartum Visit

A medical check-up for a woman following childbirth to assess recovery and address any health concerns.

Depression

A mood disorder causing a persistent feeling of sadness and loss of interest, affecting how a person feels, thinks, and handles daily activities.

Diabetes Mellitus

A group of diseases characterized by high blood sugar levels over a prolonged period due to insulin production, insulin action, or both.