Describe the steps involved in a selection process.
What will be an ideal response?
The process of selecting employees varies considerably from organization to organization and from job to job. First, a human resource professional reviews the applications received to see which meet the basic requirements of a job. For candidates who meet the basic requirements, the organization administers tests and reviews work samples to rate the candidates' abilities. Those with the best abilities are invited to the organization for one or more interviews. For the top few candidates, the organization checks references and conducts background checks to verify that the organization's information is correct. Then supervisors, teams, and other decision makers select a person to receive a job offer. In some cases, the candidate may negotiate with the organization regarding salary, benefits, and the like. If the candidate accepts the job, the organization places him or her in that job.
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For the United States, empirical studies indicate that over the past two decades the cost of international transportation relative to the value of U.S. imports has
a. increased. b. decreased. c. not changed. d. remained stagnant on presidential election years.
Forward-looking marketing metrics are particularly important because ________
A) they focus on the past performance of a company B) they are leading indicators of a business's future performance C) they include both customer metrics and competitiveness metrics D) they allow a business to measure the revenue per customer E) they are more advanced product-market metrics for companies that are dealing with pricing issues
The accrual method recognizes revenue at the point of sale and recognizes expenses when incurred
Indicate whether the statement is true or false
General Motors decides to close one of its manufacturing plants in the Midwest. GM sells the facility to a new foreign automobile manufacturer. The money GM receives from this sale would belong in the ____ section of the statement of cash flows.
A. operating B. investing C. business D. selling E. financing