Differentiate between placement agencies and employment contractors
What will be an ideal response?
Private employment agencies can be found in most metropolitan areas. Their business is to fill
jobs for companies. Some of these placement agencies fill job openings in a wide range of
occupations, while others focus on one area of employment, such as management,
construction, or office personnel. These agencies charge a fee, which is usually a percentage
of the annual salary for the position. The fee is paid either by the company seeking to fill a
vacancy or by the person who gets the job.
Employment contractors, also known as temporary agencies, supply personnel on a
temporary basis for a given company's specific requests and needs. Temporary workers gain
valuable workplace experience, establish a positive relationship with a company, and possibly
attain permanent employment.
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The process of exploding the BOM results in a(n) ______________________________ requirements schedule
Fill in the blank(s) with correct word
Suppose you borrow money from your parents for college tuition on January 1, 2013. Your parents require four annual payments of $1,000 each, with the first payment due on January 1, 2017. They are charging you 6% annual interest. What is the cost of the college tuition?
A) $2,909.37 B) $1,593.85 C) $4,000.00 D) $2,744.69
Which of the following is generally not considered a service organization?
a. Hair stylists b. Lawyers c. Autoparts stores d. Plumbers
Accommodation is considered a goodwill gesture when attempting to find a solution to a problem
Indicate whether the statement is true or false