Which of the Following Techniques Would You Not Recommend to a Company

question 42

Multiple Choice

Which of the following techniques would you not recommend to a company desiring a stronger recruiting strategy?

• A)Look inside the company first - a promotion-from-within policy serves as an incentive for existing workers to upgrade their skills.
• B)Encourage employee referrals - reward employees for successful referrals.
• C)Ensure that your recruitment efforts are known - whether in traditional media, the Internet, or on college campuses.
• D)Avoid hiring retired workers - they too often fail to have anything to offer.

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Definitions:

Buyers

Individuals or entities that purchase goods or services.

Downward Pressure

Forces that cause the value or price of something to decrease.

Reverse Auction

A type of auction in which the roles of buyer and seller are reversed, with sellers competing to obtain business from the buyer by offering the lowest price for their goods or services.

Bid Prices

The highest price that a buyer is willing to pay for a good, security, or commodity in a trading context.