Luis,a Human Resource Executive,is Meeting with the Executive Team to Discuss

question 67

Multiple Choice

Luis,a human resource executive,is meeting with the executive team to discuss the need to fill a soon-to-be vacant position for vice president of the company's Medical Devices Division.Normally,he posts vacancies on the company's website,but he encourages the team to allocate funds to hire an executive search firm (ESF) for filling this position.Which statement best supports Luis's recommendation?

• A) ESFs can more efficiently advertise the vacant position to a wide audience.
• B) ESFs are government-run agencies,so they offer low-cost services.
• C) ESFs provide confidentiality for employer and recruit,giving access to better candidates.
• D) ESFs specialize in writing effective print ads that give readers enough information.
• E) ESFs specialize in finding jobs for candidates who are currently unemployed.

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Definitions:

Overhead Cost

The ongoing, general business expenses not directly tied to producing goods or services but necessary for running the business.

Traditional Costing

A costing method that assigns factory overhead to products based on volume-related measures such as direct labor hours or machine hours.

Product B

A generic term used to differentiate one product from another in a specific context, often used for analysis, comparison, or as an example.

Direct Labor-Hours

The total hours of labor directly involved in manufacturing a product, often used as a basis for allocating overhead costs.