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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.
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In the short run, the quantity of output that firms supply can deviate from the natural level of output if the ___________ level
Zielflug [23.3K]

Answer:

1.  Actual Price

2.  Misperceptions theory.

Explanation:

In the short run, the quantity of output that firms supply can deviate from the natural level of output if the ACTUAL PRICE level in the economy deviates from the expected price level. Several theories explain how this might happen.

For example, the MISPERCEPTIONS THEORY asserts that output prices adjust more quickly to changes in the price level than wages do, in part because of long-term wage contracts. Suppose a firm signs a contract agreeing to pay its workers $15 per hour for the next year, based on an expected price level of 100 Year.

The above explanations is the reason why the aggregate supply curve slopes upward in the short run

4 0
3 years ago
If the price elasticity of demand for a product is 2. 5, then a price cut from $2. 00 to $1. 60 will:_______
hoa [83]

Increase the quantity demanded by about 25 percent.

<h3>What is the short definition of price elasticity?</h3>
  • Price elasticity in business and economics refers to how much people, consumers, or producers alter their demand or the quantity supplied in reaction to changes in price or income.
  • It is mostly used to evaluate how consumer demand has changed as a result of a price change for a good or service.
<h3>What are some examples of price elasticity of demand?</h3>
  • When a price increase results in a greater percentage reduction in demand, we say a good is price elastic.
  • For instance, if price increases 20% and demand declines 50%, the PED equals -2.5. One illustration is Heinz soup. Heinz soup options are plenty today.

learn  more about price elasticity of demand here

<u>brainly.com/question/5078326</u>

#SPJ4

3 0
2 years ago
Lenders are prohibited from
boyakko [2]
Taking money from others
3 0
3 years ago
With relevant example of your choice, explain the important framework for managing operations used by production firm
Wewaii [24]

Answer:

An operational framework can referred to as the guide for the policies, standards, objectives, training, processes of any organization.

The means in which the business is carried out is determined by the operational framework and it promoted the culture and identity. this may also involve good governance principles and develop the values and departments within the organization. several elements are contained in a different framework.

An example is that manufacturing framework will include the choice of layouts from the different type of layout. Batch processing continuous production, and so on can be decided. the department can think of implementing the Kaizen, Six Sigma methods for the quality improvement.

Explanation:

Solution

An operational framework refers to the guide for the policies, standards, objectives, training, processes of any organization.

The way in which the business is executed is decided by the operational framework and it promoted the culture and identity. this may also integrate good governance principles and develop the values and departments within the organization. several elements are included in a different framework.

Production framework :The manufacturing organizations can adjust to the different kinds of procedures, policies, and activities in the manufacturing department.

This will involve the process of selecting the actual layout, processes to produce the products, quality management methods, and further more. This is necessary as it will have a long-lasting impact on the general future and profitability of the organization.

An example is for this is that the manufacturing framework will involve the selection of layouts from the different kind of layout. Batch processing continuous production, and so on can be decided.

The department can think of implementing the Kaizen, Six Sigma methods for the quality improvement.

7 0
3 years ago
7. Which of the following people is required to file taxes? *
rewona [7]

Answer:

what you will be when grow up?

4 0
2 years ago
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