What Often Results When Recruiting from Outside the Organization

question 7

Multiple Choice

What often results when recruiting from outside the organization?

• A) Cost savings due to less extensive training
• B) The generation of a homogeneous pool of applicants
• C) Problems in meeting employment equity goals
• D) Rivalry and competition among employees
• E) Higher costs due to disgruntled employees that leave the organization

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Definitions:

Demand Curves

Graphs that illustrate the relationship between the price of a good and the quantity of that good consumers are willing and able to purchase at different prices.

Monopolistically Competitive

A market structure where many firms sell products that are differentiated from one another but can act as substitutes, allowing for some control over pricing.

Shift To The Left

A term used in economics to describe a decrease in supply or demand, represented graphically by a leftward shift of the supply or demand curve.

Monopolistically Competitive

An economic setup in which a variety of businesses market goods that are comparable yet distinct, enabling them to have some market control and differentiate their offerings.