What Is the First Step in Employer Branding

question 43

Multiple Choice

What is the first step in employer branding?

• A) Developing the employee value proposition
• B) HR planning
• C) Analyzing competitor brands
• D) Building a pool of candidates
• E) Defining the target audience

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Definitions:

Sourcing

The process of identifying, evaluating, and selecting suppliers for goods or services required by a business.

Inventory Aggregation

A strategy that combines different items or products into larger groups to simplify inventory management and reduce costs.

Quantity Discounts

Price reductions based on the volume of purchase, incentivizing larger orders.

Cycle Inventory

The portion of inventory that varies directly with lot size, representing the inventory needed to satisfy demand for the product in the period between reorders.