What type of online information about a job candidate should employment managers consider when screening candidates for an interview? Give three examples of information that might be found that should automatically disqualify a candidate from a job offer. Give three examples of online information that should increase a candidate’s chances of a job offer
Employment managers should consider a candidate’s intelligence, job skills, education, employment history, and soft skills (oral and written communication, how they interact with others, etc.). Employers could also take a look at the candidate’s posts on different social networking Web sites to know more about the candidate’s personality traits. Three examples of information that should disqualify a candidate for a job interview include criminal history (depending on the type of criminal activity and the type of job applied for—i.e., if the candidate is applying for a position as an IT technician in a middle school and has a criminal record for child molestation, he should be disqualified), illegal activity (such as using illegal drugs), and revealing confidential information about a previous employer.
Three examples of online information that should increase a candidate’s chances of a job offer include clear demonstration of responsible behavior (and no indication of any irresponsible behavior), having a complete, professional profile on all social networking sites (Facebook, LinkedIn, Twitter, etc.), and a YouTube video demonstrating a skill that would be valuable in the workplace.
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WorldCom is a telecommunications company that provides national and international service to local and long-distance customers. On September 14, 1998, WorldCom acquired MCI Communications Corporation (MCI) pursuant to a merger agreement. The acquisition can be divided into three stages:1)WorldCom created an acquisitions subsidiary (TC Investments Corporation) by transferring WorldCom stock and cash to TC Investments Corporation in exchange for newly issued TC Investments Corporation stock. TC Investments Corporation then used the WorldCom stock and cash to acquire MCI as described in the next two steps.2)TC Investments Corporation used cash to purchase all the outstanding MCI Class A common stock from British Telecommunications (BT) for $51 per share. BT had acquired the MCI Class A
common stock two years earlier in a failed merger attempt involving BT and MCI. In addition, TC Investments Corporation used WorldCom stock to acquire all outstanding shares of regular MCI common stock from other MCI shareholders. In this exchange, MCI shareholders received 1.2439 shares of WorldCom stock for each share of regular MCI common stock surrendered. TC Investments Corporation paid cash in lieu of issuing fractional WorldCom shares to MCI shareholders who were entitled to such fractional shares. More than 50% of the consideration used to acquire MCI was composed of WorldCom stock.3)After the stock acquisition, MCI transferred its assets to TC Investments Corporation in a liquidation transaction, after which TC Investments Corporation held MCI assets instead of MCI stock. TC Investments Corporation then changed its name to MCI Communications Corporation, and WorldCom changed its name to MCI WorldCom.After these three steps, MCI Communications Corporation, which held the acquired MCI assets, ended up as a subsidiary of MCI WorldCom. Total assets of MCI WorldCom after the merger were $86 billion, including the stock of its subsidiary, MCI Communications Corporation.On December 31, 1997, prior to the acquisition, MCI had $576 million of U.S. NOL carryovers and $179 million of minimum tax credit carryovers. MCI WorldCom incurred expenses of $127 million in connection with the acquisition. MCI WorldCom recorded the transaction as a purchase for financial accounting purposes with the excess of cost over FMV being recorded as a combination of goodwill, in-process R&D costs, and other intangible assets. In addition, MCI WorldCom incurred $21 million in employee severance pay outlays. MCI stock options were converted into MCI WorldCom stock options. What type of reorganization did WorldCom and MCI engage in? What tax issues should the parties to the reorganization (MCI, BT, TC Investments Corporation, WorldCom, and the MCI and WorldCom shareholders) consider when evaluating the acquisition? What will be an ideal response?
Which of the following is typically true during the introduction stage of the product life cycle?
A) Personal selling is the primary promotional tool in the consumer market. B) The pull strategy is implemented more frequently than the push strategy. C) Publicity is not effective. D) Sales promotion may be used to encourage trial. E) Sales promotion is more successful than advertising.
A company shows a $600 balance in Prepaid Rent in the Unadjusted Trial Balance columns of the work sheet. The Adjustments columns show expired rent of $200. This adjusting entry results in:
A. $200 increase in net income. B. An error in the financial statements. C. $200 of prepaid insurance. D. $200 decrease in net income. E. $200 difference between the debit and credit columns of the Unadjusted Trial Balance.
A and B are disjoint events, with P(A) = 0.20 and P(B) = 0.30 . Then P(A and B) is:
a. 0.50 b. 0.10 c. 0.00 d. 0.06