When Managers Attempt to Fill Open Positions with Workers Who

question 68

Multiple Choice

When managers attempt to fill open positions with workers who are already working for the organization in some other capacity,they are engaging in:

• A)Development
• B)External recruiting
• C)Walk-in recruiting
• D)Outsourcing
• E)Internal recruiting

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Definitions:

Excess Supply

A situation in a market where the quantity of a good or service supplied is greater than the quantity demanded at the current price.

Market Equilibrium

A market state where the supply of a product or service is equal to the demand for it, leading to a stable price.

Excess Demand

A situation in a market where the quantity demanded of a good or service exceeds the quantity supplied at a given price, often leading to upward pressure on prices.

Excess Supply

A situation where the quantity of a good or service supplied in a market exceeds the quantity demanded at the current price.