Decision Criteria are defined as prerequisites, guiding concepts, and standards applied by companies for selecting their candidates who is the best fit for their company.
<h3><u>What are decision criteria?</u></h3>
Principles, requirements, or standards are referred to as decision criteria. This may include particular requirements and rating schemes like a decision matrix. As an alternative, a decision criterion could be a flexible guideline.
<h3><u>
What are the types of decision criteria?</u></h3>
Generally speaking, there are three basic sorts of decision criteria:
- Technological - Does your solution fit the criteria in terms of its technical viability for the given requirements?
- Economic - Concerns relating to the financial, risk, and efficiency viability of your solution.
- Relationship: To what extent do the goals and ideals of the two organizations coincide?
You can learn more about decision criteria using the following link:
brainly.com/question/14703648
#SPJ4
Answer:
The retirement costs are rising faster than social security benefits .
Explanation:
The various costs related to retirement are:
- The travelling costs can increase as the retired people tend to travel often in their idle time.
- The costs related entertainments increase as they have time to engage in their hobbies
- Socialization costs: Socialization ends with eating out alot and this affects the wallet
- Health insurance premiums
- Medical expenses are increasing at a tremendous rate
- Long term care : Continuing long term care is proving to be quite expensive for retired people
Answer:
Bundles A B C D
Concert Tickets 80 60 20 0
Books 0 50 150 200
Explanation:
Since each concert ticket costs $25,
- if Sam spends $2,000 on concert tickets, he will purchase 80 tickets
- if he spends $1,500 on concert tickets, he will purchase 60 tickets
- if he spends $500 on concert tickets, he will purchase 20 tickets
Since each concert ticket costs $10,
- if Sam spends $2,000 on books, he will purchase 200 books
- if he spends $1,500 on books, he will purchase 150 books
- if he spends $500 on books, he will purchase 50 books
Answer:
d. The potential exists for agency conflicts between stockholders and managers.
Explanation:
In a company the shareholders are the owners of the company who own shares and have stake in the company. They employ managers to take care of the daily running of the company.
There is the potential of conflict between the shareholders and the management of the company because shareholders just want to make short term profit, whole the management of the company may want to take initiatives that will lead to future gains.
Management will need to communicate effectively reason for temporary slump in profits, and emphasise future gains the company stands to get.
Answer:
(E). local and national norms
Explanation:
Employee Involvement and Participation (EIP) programs are put in place by organizations to encourage inclusiveness and foster collaboration among employees in the organization.
Although such programs are valuable to the organization, the "local and national norms" or cultures, within which the organization operates, must be taken into consideration by the organization, when structuring its involvement program practices.