Tri Cities Professional Printing Wants to Expand Its Services into New

question 170

True/False

Tri Cities Professional Printing wants to expand its services into new markets,but to remain competitive it needs to keep its costs low.If it is like most firms,one way Tri Cities can save a lot of money is by reducing the time and effort it devotes to the selection of employees.
The selection process is often long and costly.However,this process is worth the effort,because of the high cost of replacing workers.A firm that has an effective selection process is more likely to hire workers who meet all requirements and are a good fit for the company.

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Definitions:

Collection Float

The time period between when a check is deposited and when the funds become available in the company's account.

Cheques

Written orders to a bank to pay a specified amount from the writer's account to the person in whose name the cheque has been issued.

BAT Model

A behavioral approach to understanding and modeling how consumers make purchasing decisions, considering factors such as beliefs, attitudes, and traditions.

Disbursements

Money paid out by a business or organization for various purposes, including operating expenses, investments, and dividends.