Assume That You Own and Operate Your Own Business, and That

question 41

Essay

Assume that you own and operate your own business, and that you employ approximately 50 people. You want to hire the best-qualified people that you can find. Explain how you would go about recruiting and selecting new employees.

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Definitions:

Economic Excuses

Reasons given for not purchasing a product or service based on financial constraints or budget considerations.

Money Objection

In sales, a customer's resistance or hesitation to make a purchase based on the price or cost of the product or service.

Price/Value Formula

A concept in marketing or economics that relates the price of a good or service to its perceived or actual value to the consumer.

Perceived Value

The customer's evaluation of the worth and usefulness of a product or service, influenced by personal opinions and expectations.