With Respect to HR Forecasting,when Would It Be Suitable to Hire

question 35

Multiple Choice

With respect to HR forecasting,when would it be suitable to hire external candidates instead of considering internal recruits?

• A) if the organization can hire external candidates for a lower salary than internal recruits
• B) if there is a novel,creative work process that differs substantially from current practice
• C) if HR forecasters predict higher attrition and retirement in the short term
• D) if none of the internal recruits is willing to switch jobs

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Definitions:

Word-of-Mouth

The process by which consumers share information and opinions about products or services, typically considered a powerful form of marketing.

Profit Margins

A financial metric that indicates the percentage of revenue that remains as profit after accounting for costs and expenses.

Sales

The exchange of goods or services for money, constituting a basic activity and measure of success for most businesses.

Expenses

Costs incurred by a business or individual in the process of earning revenue.