What Are the Pros and Cons Associated with Using Internal

question 94

Essay

What are the pros and cons associated with using internal sources of job candidates? What are the pros and cons of using Internet recruiting to locate external sources of job candidates?

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Definitions:

Moral Hazard

The situation where one party in a transaction has the opportunity to take risks because they know the other party will bear the costs.

Portfolio's Risk

Portfolio's risk is the level of uncertainty associated with the returns on a collection of assets held by an investor.

Stocks

Financial instruments representing ownership shares in a company, entitling holders to a portion of the company's profits.

Diversified Portfolio

An investment strategy that involves holding a range of different investment vehicles in order to reduce risk.