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Once the Recruiting Process Has Attracted a Pool of Applicants

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Once the recruiting process has attracted a pool of applicants, the next step is to select someone to hire. The intent of the selection process is to gather information from applicants that will predict their job success. The organization can only gather information about factors that are predictive of future performance. This process is called


Definitions:

Trademark

A legal designation of exclusive use of a brand or product name.

Goodwill

An intangible asset that represents the portion of the business value that cannot be attributed to other business assets.

Loss on Disposal

The financial loss incurred when an asset is sold for less than its carrying value on the books.

Other Revenue

Income generated from activities not related to a company’s primary operations.

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