What is job posting and bidding? Briefly describe the procedure involved in this method of recruitment.
What will be an ideal response?
Job posting and bidding is an internal method of recruitment in which notices of available jobs are posted in central locations throughout the organization and employees are given a specified length of time to apply for the available jobs.
Other methods used in publicizing jobs include memos to supervisors and listings in employee publications. Normally the job notice specifies the job title, rate of pay, and necessary qualifications. The usual procedure is for all applications to be sent to the human resource department for an initial review. The next step is an interview by the prospective manager. Then a decision is made based on qualifications, performance, length of service, and other pertinent criteria.
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The operating income of a company is $10 million, the net marketing contribution is $30 million and general and administrative expenses are $5 million. Calculate the other operating expenses
A) $10 million B) $5 million C) $15 million D) $20 million E) $25 million
What are the two key objectives of marketing? Define "exchange" and explain how it supports these objectives.
What will be an ideal response?
A company's net sales were $727,700, its cost of goods sold was $244,510 and its net income was $62,450. Its gross margin ratio equals:
A. 66.4%. B. 33.6%. C. 25.5%. D. 297.6%. E. 8.6%.
The process of formulating the code of ethics facilitates discussion among employees about what is right and wrong and ultimately leads to better decisions
Indicate whether the statement is true or false a. True b. False