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aleksandr82 [10.1K]
3 years ago
14

The human resource (HR) department of Wardund, an event management company, sent emails to all the employees of the firm, inviti

ng qualified candidates to apply for the position of business development manager in the company. In the context of HR planning, this scenario best illustrates _____.
a. management development
b. employee selection
c. employee separation
d. internal recruitment
Business
1 answer:
Marysya12 [62]3 years ago
7 0

Answer:

d. internal recruitment

Explanation:

Internal recruitment is a human resources strategy that seeks to fill vacant job positions from the existing workforce. In internal recruitment, existing employees are given priority whenever a senior position becomes available. The business will usually request qualified and willing employees to apply for the job. The successful applicant will then be promoted to a new role.

Internal recruitment may also involve employees moving within the same level but of different roles.   Advantages of internal recruitment include.

  1. Quicker and more affordable to  recruit
  2. Existing employees are familiar with the business and its operations
  3. Promotions within the company are a motivating factor for employees.
  4. The business knows the strengths and weaknesses of each employee.
You might be interested in
Sheridan Company has had 4 years of record earnings. Due to this success, the market price of its 450,000 shares of $2 par value
k0ka [10]

Answer:

<u>15% stock dividend</u>

                                       before                  after

retained earnings      $13,500,000       $10,057,500

common stock               $900,000         $1,035,000

APIC                             $2,700,000        $6,007,500

stockholders' equity   $17,100,000        $17,100,000

par value                     $2 per stock        $2 per stock

<u>2 for 1 stock split</u>

                                       before                  after

retained earnings      $13,500,000       $13,500,000

common stock               $900,000           $900,000

APIC                             $2,700,000        $2,700,000

stockholders' equity   $17,100,000        $17,100,000

par value                     $2 per stock        $1 per stock

Explanation:

market price increased from $12 to $51 (450,000 stocks outstanding x $2 par value)

additional paid in capital $2,700,000

retained earnings increased from $2,025,000 to $13,500,000

15% stock dividend, small stock dividend, journal entry:

Retained earnings 3,442,500 (= 450,000 stocks x 15% x $51)

    Cr Common stock 135,000 (= 67,500 stocks x $2)

    Cr Additional paid in capital 3,307,500

2 for 1 stock split does not require a journal entry since no values are changed in the balance sheet, only the number of stocks change and teh par value decreases by 50%

6 0
3 years ago
Two roadway designs are under consideration for access to a permanent suspension bridge. Design 1A will cost $1.7 million to bui
Vladimir79 [104]

Answer and Explanation:

A. Given that Design 1A will cost $1.7 million to build and $175,000 per year to maintain

Given that Design 1B will cost $3.6 million to build and $40,000 per year to maintain

Both designs are assumed to be permanent

To find ROR using AW based rate of return equation, we find present value of each design and equate them:

Each design is permanent so

Present value of perpetuity:

Design 1A= 1700000+175000/r

Design 1B = 3600000+40000/r

=1700000+175000/r=3600000+40000/r

135000/r=1900000

Cross multiply

r=135000/1900000

r= 0.0710

r=7.10%

B Given that ROR=7.10% and MARR is 25%

MARR>ROR

Hence we reject both designs

5 0
3 years ago
Smashed pumpkins co. Paid $200 in dividends and $624 in interest over the past year. The company increased retained earnings by
Maru [420]

Dividends that were paid last year = $200

Retained earnings = $522

Net Income = Retained earnings + Dividends paid = 200+522 =722

Tax rate was 38%.

Earnings before tax (EBT) = Net income/ (1-tax rate) =722/(1-0.38) = 1,164.52

Interest expense= 624

Earnings before interest and tax (EBIT) = EBT + interest expense = 1,164.52 + 624 = 1,788.52

Earnings before interest and tax (EBIT) = 1,788.52


3 0
3 years ago
The weight of a product is normally distributed with a standard deviation of 0.5 grams. If the production manager wants no more
Savatey [412]

Answer:

4.28 grams

Explanation:

The z score is used to determine by how many standard deviations the raw score is above or below the mean. The z score is given by the formula:

z=\frac{x-\mu}{\sigma} \\\\where\ \mu=mean,\sigma=standard \ deviation,\ x=raw\ score

Given that:

P(x > 5.1 grams) = 5%, x = 5.1 grams, σ = 0.5 grams

P(x > 5.1 grams) = 5%

P(x < 5.1 grams) = 100% - 5% = 95%

P(x < 5.1) = 95%

From the normal distribution table, 95% corresponds with a z score of 1.645. Hence:

1.64=\frac{5.1-\mu}{0.5}\\\\5.1-\mu=0.82\\\\\mu=4.28\ grams

5 0
3 years ago
A car was purchased for $4500 down and payments of $375 at the end of each month for 5 years. Interest is 9.72% compounded month
agasfer [191]

Answer:

$21,080.2

Explanation:

The price of the car will be the down-payment plus the future value of 375 paid each month for 5 years compounded monthly at 9.72%.

The formula for calculating future value is

PV = P ×  1 − (1+r)−n

  r

PV is $350

r is 9.72 % or 0.0972 % per year or 0.0081

t is five year or 60 months

FV = 350 x (1-(1+0.0081)-60

  0.0081

Fv =350 x 1-0.61628715419

  0.0081

FV =350 x( 0.38371284581/0.00810

FV =350 x 47.371956

FV =16,580.20

The value of the car = $4500 + 16,580.20

=$21,080.2

7 0
3 years ago
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