Answer: Statement C
Explanation: Selection system is the most important system in an organization as it is related to employing the most important asset, that is, human resource.
If a firm wants to become a high performance, the employees working in it must be efficient in their jobs and it is dependent on selection process.
If the recruiter keeps the process of recruitment completely job related and legal checks are done then it can lead to high performance.
I inferred from an economic perspective.
Answer:
<u>contributing to the creation of new jobs, new technology, and innovations, while increasing their countries GDP. </u>
Explanation:
This is so because entrepreneurs are usually termed the backbone of every economy. For example, a country's decisions about how much of a product to produce would depend on the number of entrepreneurs it has in the country's economy.
Thus, by contributing to the creation of new jobs, new technology, and innovations, entrepreneurs can shape the decisions of the country's government.
True, <span>it is important for regulatory agencies to maintain control over the standardized practices of these institutions.</span>
Answer:
Direct finance requires financial markets, while indirect finance involves financial intermediaries.
The financial intermediary is that person, entity or institution that offers financial services performing an economic function among savers and companies that require financing. It is the intermediation between an investor and a financial instrument issuer in order that the investor does not have to deal directly with said issuer.
It makes use of the functions of a financial intermediary when its financial services are required, entails an operating cost in the form of commissions. That is, the financial institutions issue financial products that the intermediaries are in charge of placing to the client or investor by charging the latter a commission.
