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One of the Better Indices to Measure the Recruiting Function

question 83

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One of the better indices to measure the recruiting function is "offers-applicants ratio" and this compares the number of job offers extended with the total number of applicants received for each recruiting method.


Definitions:

Price Increase

The rise in the cost of goods or services in the market.

Labor Needed

The quantity and type of workforce required to produce a certain level of output or to perform specific tasks.

Complementary Input

Goods or services that enhance the value or efficiency of another product or service when used together.

Demand Curve

A graph that shows the relationship between the price of a product and the quantity of the product demanded.

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