When Determining the Human Resources Needs for a Well-Known Engineering

question 163

Multiple Choice

When determining the human resources needs for a well-known engineering firm, the HR director realized that the company lacked a critical mass of engineers under the age of 30. The company could not afford to get caught short in this competitive business climate. An important recruitment strategy for the HR director's department was to start attending college fairs as well as considering hiring interns. We define his recruitment efforts as developing relationships with _______________.

• A) external sources.
• B) internal sources.
• C) median sources.
• D) civilian sources.

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Definitions:

Long-Run Phillips Curve

A graphical representation in economics indicating that in the long run, there is no trade-off between inflation and unemployment, showing a vertical curve at the natural rate of unemployment.

Short-Run Phillips Curve

A concept in economics that shows an inverse relationship between unemployment and inflation in the short term.

Central Bank

An institution that manages a country's currency, money supply, and interest rates, overseeing its monetary policy and regulating its banking system.

Inflation

The rate at which the general level of prices for goods and services is rising, leading to a decrease in purchasing power.