Salt Crumbs General Manager,Ricardo,believes That the Best Way to Recruit

question 105

Multiple Choice

Salt Crumbs general manager,Ricardo,believes that the best way to recruit managers for vacant,top-level positions in the organization is through internal assessment.The positions available include senior project manager,executive project director,and chief executive officer.He feels that an assessment can help him identify potential high performers for these positions from within the organization,without having to consult resources from outside the organization.His supervisor,Meghan,argues that it would be good to have fresh faces in the company,who may suggest new ways to perform old functions.Which of the following can weaken Meghan's argument?

• A) New recruits will bring in fresh ideas and will creatively perform a job that was considered monotonous earlier.
• B) Ricardo believes that hiring from outside the organization will be beneficial in the long run.
• C) Hiring internal resources will decrease unemployment in the region.
• D) Highly efficient workers who are already familiar with a company and its policies are better suited for executive positions than new employees.
• E) Supervisors find it monotonous socializing with the same crowd every day.

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Definitions:

Marginal Revenue

Additional earnings received from the sale of one more unit of a product or service.

Marginal Cost

The financial commitment for manufacturing an additional unit of a product or service.

Profits

The financial gain obtained when the revenues earned from business activities exceed the expenses, costs, and taxes needed to sustain those activities.

Unregulated Monopoly

A market structure where a single company or entity dominates the market without any governmental restrictions or oversight.