Answer:
Selection measures simply refer to the yardstick that HR Managers or businesses use to make hiring decisions.
Three litmus tests which the successful candidate must pass are:
1. Culture Fit: An International Resort business with a 5-star rating must have gotten there with the right values, and culture. When a candidates attitudes, beliefs and values mirror that of the organisation, they are said to be culture fit.
2. Job Fit: It is the job of the Human Resources manager to ensure that the candidate can do the job. He or she can achieve this by using various recruitment, selection and interview. For a 5 Start International Resort, for instance, the employees must be very people-centric, courteous and display high levels of social and emotional intelligence.
3. Background Checks: Having satisfied the first two criteria, the prospective employees must have strong references and background checks which reveal:
- consistency in the information provided during the application process; and
- good standing with their current and or previous employer/colleagues.
Cheers!
Answer: 19.56%
Explanation:
Effective Rate of Return is the rate that takes into account, the compounding influence of interest rates in a given period.
It is calculated with the formula,
= ( 1 + r/n) ^ n - 1
Where
r = APR
n = no of compounding periods in a year
Interest is paid monthly so nnumber of periods will be 12.
Therefore,
EFF = ( 1 + 18%/12)¹² - 1
EFF = 19.56%
Answer: What layout strategy deals with low-volume, high-variety production? E. Process-oriented layout
Explanation: A process oriented layout is used by companies to move items from one department of the company to another to keep the products moving in a sequenced fashion. An example of a process oriented layout is a clinic. When the patient first checks in, they wait in the waiting area. They next head back and usually get weight/height measurements and then head to the individual patients room. There are many steps in this process to work with the consumer.
