The Potential Advantages of Internal Recruitment Include All of the Following

question 99

Multiple Choice

The potential advantages of internal recruitment include all of the following EXCEPT:

• A)Internal recruitment is usually less expensive than external recruitment.
• B)Internal recruitment deals with people whose performance records are well established.
• C)A history of serious internal recruitment can be encouraging to employees.
• D)Serious internal recruitment shows employees they can advance by working hard.
• E)Internal recruitment provides fresh perspectives and ideas for problem solving.

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Definitions:

Compensating Variation

A measure of the change in income that would leave a consumer's utility unchanged before and after a change in price or economic environment.

Consumption

The act of using goods and services for personal needs or to generate utility.

Utility Function

A mathematical representation of how different combinations of goods or services can result in varying levels of satisfaction or utility to a consumer.

Consumer's Surplus

The difference between what consumers are willing to pay for a good or service and what they actually pay, representing the benefit consumers receive from the purchase.