Scenario B: Fresh Catch,a Small,popular Chain of Seafood Restaurants,wishes to Hire

question 60

Multiple Choice

Scenario B: Fresh Catch,a small,popular chain of seafood restaurants,wishes to hire a new general manager to oversee a local restaurant's day-to-day operations.The company human resources (HR) manager posts an advertisement in the local newspaper stating,"General manager wanted for a fast-paced,award-winning seafood restaurant.Applicants must have three years' experience in a comparable restaurant managing a large staff and ensuring the satisfaction of diners." In addition to making inquiries through industry contacts,the HR manager places the ad on the company's bulletin board and intranet.The HR manager then develops a pool of prospective candidates for the position and chooses from the pool of candidates when making decisions on whom to hire.
-By choosing from the pool of candidates and making decisions about whom to hire,the HR manager is involved in

• A)selection.
• B)benchmarking.
• C)recruitment.
• D)integration.
• E)bootlegging.

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Definitions:

Minimum Wage

The lowest legal hourly wage that employers can pay to workers.

Standard Of Living

The extent of financial resources, comfort, material possessions, and fundamental requirements accessible to someone, a group, or a society.

Binding Price Floors

Legally established minimum prices for goods or services that are above the market equilibrium, leading to surpluses.

Rationing Mechanisms

Methods used to distribute scarce goods or resources among competing users.