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:

Return on Investment

measures the gain or loss generated from an investment relative to its cost, providing insight into the efficiency of the investment.

Profit Centre Managers

Individuals responsible for overseeing profit centres, areas within a business that are directly responsible for generating revenue exceeding their operating costs.

Pricing

The process of determining what a company will receive in exchange for its products or services.

Operations

entails the daily activities, processes, and functions carried out in running a business, particularly related to production of goods or services.