When CMI International, a composite plastic manufacturer attempt to find and attract qualified applicants from the external labor market for its Community Involvement Office; This process is called "recruitment ".
<h3>What is recruitment?</h3>
The practice of actively seeking out, locating, and employing individuals for a certain post or career is known as recruitment. The entire hiring process, from the first stages to the recruit's integration into the business, is covered by the term of recruitment.
The goal of recruitment is -
- The purpose of recruitment is to build a large pool of qualified candidates from which to select the best candidate for the position.
- This strategy attracts sizable groups of people and motivates them to submit applications for open positions at a company.
Types of recruitment are-
- Direct marketing.
- Databases of the talent pool.
- Worker recommendations.
- Transfers and promotions.
- Exchanges of jobs.
- Recruiting firms.
- Organizations with expertise.
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Answer:
C) Paying a bribe to a company executive in order to be awarded a contract.
Explanation:
Not only politicians or public officials are corrupt, in order for corruption to exist, there must be some private party willing to give a public servant something in exchange for an illegal favor.
During the past few years a huge corruption scandal was uncovered in Brazil, called the lavajato (car wash in English). The most important result was not only the billions of dollars recovered from public servants and politicians, but the fact that the owners and upper management of virtually all the largest Brazilian corporations were sent to jail as accomplices. It is not common that the richest people in a country are sent to jail.
A currency basket is a collection of various currencies with varying weightings. It is frequently used to determine the market value of another currency, a procedure known as currency peg. Forex traders may also use basket orders to trade many currency pairs at the same time.
Currency baskets are also used in contracts to minimize (or reduce) the risk of currency changes. Currency baskets include the European currency unit (which was replaced by the euro) and the Asian currency unit. The most well-known currency basket, though, is the US dollar index (USDX).
The drawbacks are:
- The first thing to make is that a basket currency peg system is opaque.
- The second issue is that an intermediate regime often limits certain sorts of policy collaboration and may even allow policy conflict.
- The third drawback, and arguably the most important, is that the basket currency system makes no declaration of the criteria governing management.
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Answer:
Based on the attached,there is a strong indication that the question requires the student to prepare the current assets section of the balance sheet in the order of liquidity.
Current Assets $ $
Cash 32000
Accounts receivable 299300
Allowance for receivables (8680)
290620
Prepaid insurance 9680
Inventory 299300
Total current assets 631600
Explanation:
The order of liquidity is that cash comes first,as it is readily available for use in discharging obligations and need not be converted to any other form.
Accounts receivable takes the second position as it is just a step away to becoming cash
Lastly, inventory is the most difficult to convert to cash as it envisaged that it would first of all turn to accounts receivable and thereafter to cash
