advantages of recruiting senior managers from within the company ​

Answers

Answer 1

Answer:

Advantages of internal recruitment

Reduce time to hire. ...

Shorten onboarding times. ...

Cost less. ...

Strengthen employee engagement. ...

Create resentment among employees and managers. ...

Leave a gap in your existing workforce. ...

Limit your pool of applicants. ...

Result in inflexible culture.

Answer 2
Some advantages include:
1.You Already Know Internal Candidates
Explanation: External candidates for a job come with a significant amount of risk. Even when they come highly recommended from reliable sources, there’s still a chance that they’re not going to measure up, stick around, or fit the culture. According to a CareerBuilder survey, the average cost of a bad hire can be as much as $11,000 in small businesses (fewer than 500 employees) and up to $24,000 in large businesses (more than 1000 employees).
2. In-House Recruitment Costs Less to Hire
Explanation: A major benefit of hiring internally is that not only do you avoid a lot of the cost and risk of a bad hire, but you also save on other costs during the onboarding processes. Internal hiring reduces cost because you don’t have to post—and pay for—adds on job boards, use resume databases to find employees, or pay for background checks on internal hires. Presumably, if your internal hires needed a background check, they should already have one.
3. Internal Candidates Already Know the Company
Explanation: Likewise, internal candidates already know whether or not they like the company—they’ve already decided whether or not it’s worth sticking around. If they’re applying for an internal position, it’s usually a sign that they’re willing to invest more career time into your organization. Otherwise, they would be applying for jobs elsewhere. This means you’re less likely to have to replace them soon after hiring because the job, the team, or the organization wasn’t what they expected.
4. Internal Candidates Are Easier to Find
Explanation: In-house recruitment can be much easier. You can broadcast the open position to the whole company in minutes if you choose; then, interested employees know where to take their resume and information if they want to apply. While you may still see some unqualified candidates and have to do a little sifting, your options are usually far better, and the applications come in with much less effort.


Related Questions

How has banking changed in the past 200 years of our nation's history?

Answers

Banking has changed in the past 200 years of our nation's history because:

Everything is digitized and more efficient

Banking is the institution which basically keeps money of its customers and allows them to perform financial transactions, collect overdrafts, send and receive money, give interests and many more.

As a result of this, we can see that there are differences in how banking was two hundred years ago and today. Back then, banking was not digitized as people exchanged money by hand and stored their money wherever they felt was safe for them.

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How would you explain the large increase in 2019 dividends? The large increase in free cash flow from 2018 to 2019 explains the large increase in 2019 dividends. The large increase in net income from 2018 to 2019 explains the large increase in 2019 dividends. The large increase in EBIT from 2018 to 2019 explains the large increase in 2019 dividends. The large increase in sales from 2018 to 2019 explains the large increase in 2019 dividends. The large increase in retained earnings from 2018 to 2019 explains the large increase in 2019 dividends.

Answers

Answer: The large increase in free cash flow from 2018 to 2019 explains the large increase in 2019 dividends

Explanation:

Dividends are the rewards that are given to the shareholders of a company which can be in form of cash, stock etc.

The dividend for the company in 2018 was lower while the 2019 dividend was much higher. The reason for the large increase in the 2019 dividend is due to the increase in the free cash flow from 2018 to 2019.

It should be noted that free cash flow simply means the cash that remains when the company has paid for its expenditures. In this case, since the amount left is large, it also invariably resulted in a larger dividend in 2019.

Answer:

adnjankasaaadadaa

Explanation:

Revise the following sentences to conform to standard business communication principles. Add appropriate details as needed to complete the ideas. First, identify the error(s): if you want to order a copy of the training video call

Answers

Answer:

If you would like to purchase or rent a copy of the training video call please contact me.

Explanation:

you want to be as professional as possible

Why should you look for information about the company’s mission and values? A. You don’t need to do that at all unless you are interested. B. The interviewer will ask about this in the interview. C. Most interviews require it, and you will be asked to sign an agreement. D. You should check to see if they align with yours and as a basis for a possible question. Please select the best answer from the choices provided A B C D

Answers

D. You should check to see if they align with yours and as a basis for a possible question

Answer:

d

Explanation:

If a country is taking action to increase its overall productivity and make sure
its businesses are successful, it is pursuing which economic goal?
A. Per capita improvement
B. Economic growth
C. Full employment
ОО
D. Stable prices
SUBT

Answers

Answer: It is B

Sorry its a bit late though

Economic growth is the rise or improvement in the market value of the commodities and services generated by an economy within a given fiscal year, adjusted for inflation.  Hence option B is correct .

What is Economic growth ?

Traditionally, statisticians have calculated growth as a percentage rate of real gross domestic product, or real GDP. In order to remove the inflationary distortion on the prices of produced items, growth is typically calculated in real terms, or terms adjusted for inflation.

Economic growth is measured using national income accounting.  Economic growth has both the benefits and disadvantages of GDP growth because it is calculated as the yearly percent change.

The ratio of GDP to population is a typical metric used to compare the economic growth rates of different nations (per-capita income).

'Rate of Economic growth is the term used to describe the yearly geometric growth in GDP from the first to the last year over a period of time.

Without taking into account any variations in the GDP around this trend, this growth rate indicates the trend in the average level of GDP across the time period.

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What are some typical roles filled by the construction manager? (Select all that apply.)

responding to emergencies
designing exterior spaces
preparing budgets
conducting structural calculations
establishing a project timetable

Answers

Answer:

Construction managers typically do the following:

1. Prepare cost estimates, budgets, and work timetables.

2. Interpret and explain contracts and technical information to other   professionals.

3. Report work progress and budget matters to clients.

4. Collaborate with architects, engineers, and other construction specialists.

Explanation:

The answer is responding to emergencies and conducting structural calculations and establishing a project timetable.

ECON Good morning can someone answer this ASAP

Answers

Answer:

D

Explanation:

Answer:

According to the Law of Demand: When the price of a product increases, the demand for the same product will fall.

So, the answer is 'A. the product's price increses

2. Suppose that there are five different lemonade stands in the same neighborhood. Explain
how the lemonade stands meet most of the conditions of perfect competition

Answers

Answer:

Eventually prices will equalize at all five lemonade stands.

Explanation:

Perfect competition is accomplished when, in an appropriate business, all firms have identical price arrangements and there is an adequately substantial amount of these same firms so that the production arrangement of any one firm has no obvious influence on the cost at which it commodity is marketed.

The lemonade made are similar in taste, thus they are identical products. Thus, if a lemonade seller increases the price of their good, buyers can patronise another lemonade seller. As a result, the price of lemonades would be the same among the five sellers.

Also, there is little or no barriers to entry for lemonade sellers.

A perfect competition is a market were there are numerous buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.

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3 . Relationship between tax revenues, deadweight loss, and demandelasticity
The government is considering levying a tax of $60 per unit on suppliers of either concert tickets or bus passes. The supply curve for each of these two goods is identical, as you can see on each of the following graphs. The demand for concert tickets is shown by DC (on the first graph), and the demand for bus passes is shown by DB (on the second graph).
Suppose the government taxes concert tickets. The following graph shows the annual supply and demand for this good. It also shows the supply curve ( S+Tax ) shifted up by the amount of the proposed tax ($60 per ticket).
On the following graph, use the green rectangle (triangle symbols) to shade the area that represents tax revenue for concert tickets. Then use the black triangle (plus symbols) to shade the area that represents the deadweight loss associated with the tax.

Answers

Taxing a good with relatively less elastic demand, helps government to raise more revenue with lower welfare loss.

Which sentence indicates that Rudolph is following a market skimming pricing policy?
Rudolph launched his brand of high-end audio speakers called Rudebox. He introduced his first line of products at $40,000. He plans to periodically bring down the price. Very soon he will launch the second edition of Rudebox, which would be of a lower price range, and designed for the masses.

Answers

Answer:

Very soon he will launch the second edition of Rudebox, which would be of a lower price range, and designed for the masses.

Explanation:

Market skimming pricing policy, or price skimming is the pricing strategy that is used by business owners to make the initial price of a product high and then reduce it subsequently so more people can be able to afford it.

The sentence that shows that Rudolph is following a market skimming price policy is his decision to reduce the price of his Rudebox in a second edition which is designed for the masses.

Answer:

He plans to periodically bring down the price

Explanation:

Which economic tool would most likely be used as part of an expansionary
monetary policy?
O A. Selling treasury securities
B. Raising the reserve requirement
C. Reducing the discount rate
D. Increasing interest on reserves

Answers

Answer:

C. Reducing the discount rate

Explanation:

Expansionary monetary policies are macroeconomic undertakings by the Federal Reserve that aim at stimulating economic growth in the economy. Expansionary policies result in an increased flow of money in the country, which increases the aggregate demand.

The discount rate is the rate at which the Federal Reserve (the Fed ) charges commercial banks for advancing them credit. Reducing the discount rate makes loans from the Fed more affordable. Commercial banks will opt to borrow from the Fed at lower rates and lend out to households and firms at a higher interest rate, thereby making profits. Reducing the discount rate increases the money available for banks to lend out. Households and businesses will borrow this money for development and investments, which ignites economic growth.

Answer:

reducing the discount rate

Explanation:

ap3x

In the fives C’s, how is cost different from price?
At includes the company's operating costs
Bit makes it easier to promote the product
It reduces the company's operating expenses
Dit includes all of the costs related to the product

Answers

Answer:

it includes all of the costs related to the product

Explanation:

in fives C, cost represent the total value of economic sacrifice that a business have to made in order to create the product. It includes things like the cost of materials, the amount of salary that need to be made to pay the employees who made it, the amount of money needed to operate machines to make it, etc.

Price on the other hand, is the amount of payment / compensation that the business expect from customers in exchange of obtaining the product. As a general rule to generate a profit, the Total price need to exceed the amount of cost of that product.

According to the video, some workers who work for themselves, such as Actors, Musicians, or Writers, may have what
sort of worker represent them to potential customers?
O an Agent
O a Headhunter
an Employer
a Mentor

Answers

Answer:

an Agent

Explanation:

just answered it and got correct

Answer: Agent

Explanation: just got it right on edge

Fifty (50) years ago, scientists used computers that filled up an entire room.
O True
O False​

Answers

Answer:

true

Explanation:

The correct answer is true

A middle school took all of its 6th grade students on a field trip to see a ballet at a theater that has 2500 seats. The students filled 2275 of the seats in the theater. What percentage of the seats in the theater were filled by the 6th graders on the trip?

Answers

Answer:

91 %  of the seats in the theater were filled by the 6th graders on the trip.

Explanation:

Total number of seats = 2500

Number of seats occupied = 2275

Percentage of seats filled = 2275/2500 * 100

                                             = 91%

91 %  of the seats in the theater were filled by the 6th graders on the trip.

The percentage is taken out by dividing the number of seats occupied with the total number of seats available and multiplying it with 100.

The answer should be 91%

A trait is a character quality. True or False

Answers

a trait is a character quality. so it is true

Answer:

true

Explanation:

I Need Help ASAP!!!

1)Purchasing an insurance policy is an example of what approach to risk mitigation?
•Tolerate
•Transfer
•Terminate
•Treat

2)Working through your lunch break is a good way to get more done.
•True
•False

3)The Rhode Island System employed workers as young as age
•seven.
•nine.
•twelve.
•fourteen.

4) A lack of resources may lead a company to take which approach to risk mitigation?
•Tolerate
•Transfer
•Terminate
•Treat

5) What type of manufacturing employee is usually in charge of creating work schedules?
•Operator
•Operations manager
•Assembly line worker
•Quality manager

6)The Equal Opportunity Employment laws ensure that all workers
•get regular breaks.
•receive a raise once a year.
•are treated fairly.
•have union rights.

7) A punctual employee has a sense of
•integrity.
•self-discipline.
•pride.
•personal responsibility.

8) Emotions can impede active listening.
•True
•False

9) Data collected as a result of a process is referred to as
•information processing.
•material processing.
•feedback.
•output.

10) The term laissez-faire
comes from the French word meaning
•let do.
•make do.
•make happy.
•be happy.

Answers

Answer:

8.treat people fairly

How does cultural knowledge help a company achieve success?

Answers

A company knowing about different cultures can help them think about things from different standpoints and make decisions based off experiences.

Frank is already taking advantage of his employer benefit package but wants to find
options to save for retirement that offer tax incentives. Which of the following should
Frank explore?
A. Contribution matching
B. Lower interest
C. Opt in or opt out
D. Roth IRA

Answers

I am sure that it’s D. Roth IRA

Differentiate organizing from organization

Answers

Explanation:

Organizing comes from the word organize which means to arrange for something to happen or to be provided

Organization is a group of people who form a business together in order to achieve a particular aim or goal

Which of the following is most likely to be a primary data source:
a. A sales invoice
b. A customer record
c. An expense report
d. A customer survey

Answers

Answer:

d. A customer survey

Explanation:

Data collected by researchers for the first time for a specific study is primary data.  A customer survey is a method of collecting primary data. A customer survey gathers information on the research topic directly from respondents.

Primary data like surveys are costly and consume time to collect, unlike secondary data. Other methods of collecting primary data include administering questionnaires, direct or indirect personal interviews, field observations, and experiments.

A business buys motors that it uses to make blenders and mixers. The motors are an example of?

Answers

Answer:

components

Explanation:

Components are goods used as materials in manufacturing other products. They are finished products in the real sense but are used as parts in making other products. Components are usually by an original equipment manufacturer and sold to other manufacturing companies or consumers as spare parts.

Motors are complete goods manufactured by an original equipment manufacturer. The manufacturer sells the motors as components to be used in the production of blenders.  The motors are, therefore, material used in the making of blenders.

which of the following factors are likely to strengthen a diverse family?
1. Family using their gadgets during breakfast
2. Family playing in the park
3. Mother busy on her laptop ignoring her daughter
4. Farther explaining family traditions to son

Answers

Family playing in the park :)

Answer:

Explanation:

For all Plato users

What is social responsibility?

Answers

Answer:

it is things you should do as a person

Explanation:

ex- vote

Answer:

Togetherness

Explanation:

The thought that people need to work together despite differences so they can benefit society as a whole.

Which of the following is the basis of all slides in a presentation?
O Placeholders
O Slide Masters
O Theme
O Variant

Answers

Placeholders




Explanation:

The Placeholders is the basis of all slides in a presentation.

The Placeholder is a feature on the presentation interface which is a pre-formatted content for text, graphics, video, clip arts etc

The Placeholder allows the user to format their slides easily and consistently.

Therefore, the Option A is correct because the Placeholders is the basis of all slides in a presentation.

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HELP NOW PLEASE!!!! Which of the following distinguishes skilled workers in modern manufacturing from workers in Winslow Taylor’s time? (Select all that apply.)


collaboration

machine operation

teamwork

engineering skills

Answers

Answer:

engineering skills

teamwork

machine operation

odyssey

Explanation:

sorry if it's not right

_____ was withheld specifically for the tax that is used to pay for a healthcare program.
_____ was withheld for the payroll tax that specifically supports retired and disabled citizens.
_____ If this individual made more money, the amount withheld for Social Security would

Answers

Answer: First : 612.65$

second :   2567.45$

Third : Increase

Explanation: i did this by self its surity

Answer:

Answers

First Sentence: $612.65

Second Sentence: $2567.45

Third Sentence: Increase

Explanation:

Edgen 2020

Halifax Manufacturing allows its customers to return merchandise for any reason up to 90 days after delivery and receive a credit to their accounts. All of Halifax’s sales are for credit (no cash is collected at the time of sale). The company began 2021 with a refund liability of $300,000. During 2021, Halifax sold merchandise on account for $11,500,000. Halifax’s merchandise costs it 65% of merchandise selling price. Also during the year, customers returned $450,000 in sales for credit, with $250,000 of those being returns of merchandise sold prior to 2021, and the rest being merchandise sold during 2021. Sales returns, estimated to be 4% of sales, are recorded as an adjusting entry at the end of the year. Required: 1. Prepare the entry to record the merchandise returns and the year-end adjusting entry for estimated returns. Note: Record the estimated returns at net amounts. (If no entry is required for a transaction/event, select "No journal entry required" in the first account f

Answers

Answer:

1. Prepare the entry to record the merchandise returns and the year-end adjusting entry for estimated returns.

to record returns from last year's sales:

Dr Refund liability 250,000

    Cr Accounts receivable 250,000

Dr Inventory ($250,000 x 65%) 162,500

    Cr Cost of goods sold 162,500

to record return liability for current year's sales:

Dr Sales returns and allowances ($11,500,000 x 4%) 460,000

    Dr Refund liability 460,000

Dr Refund liability 200,000

    Cr Accounts receivable 20,000

Dr Inventory ($200,000 x 065%) 130,000

    Cr Cost of goods sold 130,000

1. Which of the following is an essential element of responsible behavior:
Group of answer choices

a Compassion

b Hopefulness

c Decisiveness

d Positivity



2 Why can fairness be a tricky concept?
Group of answer choices

a It doesn’t always mean getting your own way.

b Most people don’t want to be fair.

c Nothing is ever truly fair.

d It means something different in every culture.


3 Part of accountability is
Group of answer choices

a being fair.

b treating others kindly even if they are different from you.

c making judgments based on fact rather than opinion.

d doing what you say you will do.


4 Displaying personal responsibility requires someone to have strong
Group of answer choices

a ethics.

b friendships.

c writing skills.

d professional experience.


5 For places such as work or school to function smoothly, everyone must
Group of answer choices

a talk about their feelings.

b have a sense of social responsibility.

c pay their taxes on time.

d agree on the same solutions.


6 Acting responsibly includes
Group of answer choices

a making sure your classmates succeed.

b joining an athletic team.

c applying for leadership positions.

d following the rules.


7 Telling the truth can sometimes be difficult because
Group of answer choices

a the truth usually causes trouble.

b lying is easier than facing the consequences.

c people like lies more than the truth.

d the truth doesn’t help you get ahead in life.


8 When you make a mistake, the responsible thing to do is
Group of answer choices

a determine where to lay the blame.

b admit it.

c quit the project.

d try to fix it before anyone finds out.


Finishing tasks with care means that
Group of answer choices

a the tasks are completed on time.

b your project will succeed.

c your teacher or boss is happy.

d the tasks have been triple checked.


Acting appropriately means
Group of answer choices

a never hurting anyone’s feelings.

b treating others with respect even when they’re being annoying.

c making sure everyone is happy with you.

d putting up with however anyone wants to treat you.

Answers

Answer:

1. C

2. D

3. D

4. A

5. B

6. D

7. B

8. B

9. A

10. B

1. The essential element of responsible behavior is Compassion. Responsible behavior involves showing empathy and understanding towards others, considering their needs and feelings. Option A is the correct answer.

Compassion is an essential element of responsible behavior because it fosters a sense of connection and consideration for others, leading to a more harmonious and supportive environment.

2. Fairness can be a tricky concept because It doesn't always mean getting your own way. Fairness requires considering the perspectives and needs of others, which may not align with one's own desires or preferences. Option A is the correct answer.

Fairness may involve reconciling conflicting interests and finding compromises. When there are competing needs or desires, it can be difficult to find a solution that satisfies everyone.

3. Part of accountability is doing what you say you will do. Being accountable means taking responsibility for one's actions and following through on commitments and promises. Option D is the correct answer.

When everyone in a team or community follows through on their commitments, it creates a positive and productive environment. It fosters a culture of accountability and reliability

4. Displaying personal responsibility requires someone to have Ethics. Personal responsibility involves making ethical decisions and taking ownership of one's actions and choices. Option A is the correct answer.

Displaying personal responsibility through ethical behavior enhances our trustworthiness and credibility. When we consistently act in accordance with ethical principles, others perceive us as reliable, honest, and dependable.

5. For places such as work or school to function smoothly, everyone must have a sense of social responsibility. Social responsibility means recognizing the impact of one's actions on others and acting in a way that promotes the well-being of the community or organization. Option B is the correct answer.

A sense of social responsibility is essential for the smooth functioning of places like work or school. It promotes collaboration, teamwork, respect, empathy, accountability, reliability, and the overall well-being of the community

6. Acting responsibly includes following the rules. Responsible behavior involves adhering to established rules, guidelines, and expectations to ensure the safety and well-being of oneself and others. Option D is the correct answer.

By following rules, we set a positive example for others to follow. Our responsible behavior can inspire others to act responsibly as well, creating a ripple effect that promotes a culture of accountability and respect.

7. Telling the truth can sometimes be difficult because Lying is easier than facing the consequences. It can be challenging to tell the truth when it may lead to negative outcomes or repercussions. Option B is the correct answer.

Honesty is the foundation of trust in relationships, whether they are personal or professional. By telling the truth, we demonstrate integrity and reliability, which fosters trust with others.

8. When you make a mistake, the responsible thing to do is Admit it. Taking responsibility for one's mistakes involves acknowledging and accepting the error, and being willing to learn from it and make amends. Option B is the correct answer.

Admitting mistakes builds trust and credibility with others. When we are honest about our shortcomings, it shows that we are sincere and reliable.

9. Finishing tasks with care means that the tasks have been Triple checked. Finishing tasks with care involves thoroughness and attention to detail to ensure that the work is completed accurately and to the best of one's ability. Option C is the correct answer.

Triple-checking tasks is an important step in maintaining a high standard of quality. By reviewing the work multiple times, we can identify areas that may need improvement or refinement. This helps to ensure that the final product or outcome is of the highest possible quality.

10. Acting appropriately means Treating others with respect even when they're being annoying. Acting appropriately involves considering the feelings and rights of others, even in challenging situations, and treating them with respect and courtesy. Option B is the correct answer.

Treating others with respect, even when they're being annoying, can help in resolving conflicts more effectively. It allows for open and constructive communication, where both parties feel heard and valued.

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Please help me don’t write if you don’t know how to solve it

Answers

Answer:

see below

Explanation:

1. Business Revenue

Revenue is the income generated from normal business operations. In this case, normal business operations are selling T-shirts.

The shop sold 25 t-shirts at 70 Dhs each.

Revenue is quantity sold multiplied by sales price

i.e., Revenue = quantity sold x selling price per unit

=70 x 25 Dhs

=1,750 Dhs

2. Business total cost

Costs are the expenses incurred in producing goods intended for sale.

The cost of producing one t-shirt is 15 Dhs.

The cost of producing 70 t-shirts will be.

Total cost = total quantity produced x unit cost

= 70 x 15 Dhs

=1,050 Dhs

3. Business profit

Profit is the income earned from business operation after deducting the cost from the revenues.

I.e., profits = revenue - cost

For this shop

profits = 1,750 Dhs - 1,050 Dhs

Profits = 700 Dhs

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