An HR department at a manufacturing firm wants to ensure that applicants for production jobs provide complete information about themselves in a standard format. The most effective method would be to ask candidates to submit a résumé.

Answer the following statement true (T) or false (F)


False

Asking each applicant to fill out an employment application is a low-cost way to gather basic data from many applicants. It also ensures that the organization has certain standard categories of information, such as mailing address and employment history, from each. With résumés, in contrast, applicants control the content of the information as well as the way it is presented.

Business

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The narrowest definition of competition that results in the fewest competitors that includes only products or services of the same product types is called:

A) product form competition. B) product category competition. C) generic competition. D) budget competition.

Business

An immaterial misstatement is defined as one that is clearly inconsequential, whether taken individually or in the aggregate and whether judged by any criteria of circumstance

a. True b. False Indicate whether the statement is true or false

Business

An organizational chart should be structured _____________________

a. chronologically b. horizontally c. from the top down d. from right to left

Business

In comparing the internal rate of return and net present value methods of evaluation, ________

A) internal rate of return is theoretically superior, but financial managers prefer net present value B) net present value is theoretically superior, but financial managers prefer to use internal rate of return C) financial managers prefer net present value, because it is presented as a rate of return D) financial managers prefer net present value, because it measures benefits relative to the amount invested

Business