The What's Hapnin' Corporation Is About to Diversify into an Entirely

question 201

True/False

The What's Hapnin' Corporation is about to diversify into an entirely new market.This move will create the need for several new positions in the production and marketing departments.However,the production technologies and the marketing environment in this new market are very different than in What's Hapnin's traditional market.The company is likely to rely on external sources to fill many of the positions created by its diversification.
Given the differences in technologies and marketing environments,it is unlikely that What's Hapnin' will be able to find enough qualified applicants within the organization to fill the new positions.Thus,it will have to look outside the organization.This is known as external recruitment.

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Definitions:

Independent Directors

Members of a company's board of directors who do not have a material or pecuniary relationship with the company or related persons, ensuring unbiased governance and decision-making.

CFO

Chief Financial Officer, a senior executive responsible for managing the financial actions of a company.

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Companies specializing in examining and evaluating the accuracy of financial records and statements of a corporation or entity.

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Assets that derive value from a contractual promise or ownership right, including stocks, bonds, derivatives, and bank balances.