What Is the Most Common First Step in Any Selection

question 59

Multiple Choice

What is the most common first step in any selection process?

• A) Conducting a face-to-face interview
• B) Administering initial screening tests
• C) Having the applicant complete an application blank
• D) Obtaining information from prior employers

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Definitions:

Financial Planning

The process of developing strategies to manage finances, including income, expenses, savings, and investments, to achieve financial goals.

Supply Chain Network Design

Planning and structuring a supply chain's logistics and distribution strategy to maximize efficiency and productivity.

Offshoring

The business practice of relocating manufacturing processes or services to another country to reduce costs.

Working Capital

Refers to a company's current assets minus its current liabilities, indicating the liquid capital available for day-to-day operations.