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FIGURE 2-3
-Refer to Figure 2-3.At X2 on curve B,the
Cost Per Hire
The total expenses incurred by an organization to fill a job vacancy, divided by the number of hires, including advertising, recruiting, and administrative costs.
Direct Costs
Costs directly associated with the manufacture of particular products or services, including labor and raw materials.
Apportioned Costs
Expenses that are divided and allocated among different departments, projects, or processes within an organization based on agreed-upon criteria.
Human Resource Plans
Strategic documents outlining how an organization intends to manage its workforce to meet its business goals, including staffing, development, and compensation strategies.
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