Some of the Advantages of a Closed Internal Recruitment System

question 60

Multiple Choice

Some of the advantages of a closed internal recruitment system include:

• A) helps minimize favoritism
• B) it can uncover hidden talent
• C) it helps employees evaluate their qualifications for advancement
• D) none of these

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Definitions:

Unit Selling Price

The price at which a single unit of product is sold, not including any discounts or promotions.

Unit Variable Costs

The variable costs associated with producing one unit of a product, including materials, labor, and any other variable expenses.

Break-even Point

The level of sales at which a company neither makes a profit nor incurs a loss, indicating the minimum market performance needed to cover all expenses.

Unit Selling Price

The amount of money charged for a single unit of a product or service.