One of the Best Pieces of Evidence That an Organization

question 128

Short Answer

One of the best pieces of evidence that an organization has an effective recruiting and selection process is the existence of efficient and __________ employees.

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Definitions:

Opportunity Cost

The value of the next best alternative forgone as a result of making a decision.

Submarine

A watercraft capable of independent operation underwater, often used for military purposes.

Production Possibility Frontier

An illustration representing the maximum production capabilities for multiple goods with a certain amount of resources.

Opportunity Cost

The economic consequence of bypassing the closest better choice when making a decision.