Answer:
Selection stands for the initial assessment of a candidate in an organization before he is offered a job. In includes several steps like the organization details the KSAOs (Knowledge, Skills, Abilities, and other criteria) required for the job; evaluation of a candidate over those criteria; and making an offer to the selected candidate.
Initial assessment methods stand for the starting ways through a candidate or an applicant is screened and shortlisted by the organization which includes ways like- application blanks, biographical information, and reference and background check. These three initial assessment methods are similar to each other in a way that when an organization starts its selection procedure, it reviews the applications of the candidates who all have applied for the particular position in the organization; after the screening and verification of the application form, the organization checks the biographical information of the candidate which becomes a part of application form; and finally the organization conducts a reference and background check to ensure that the candidate has given complete and true information and has not been involve din criminal or unethical actions in his past.
On the other hand, the differences in the three initial assessment methods- application blanks, biographical information, and reference and background check could be that in application blank, the candidate has to furnish his background and work experience details; while in biographical information, the organization checks and verifies it with the details furnished by the candidate in the application form; and when it comes to reference and background check, the organization performs thorough background check of the candidate before offering job to him. This way the three initial assessment methods are similar and different from each other.
Explanation:
Depending on your use of marketing and sales as complementary or subordinate functions, you can create a management structure that ensures no important duties fall through the cracks.
The correct question should be:
If a manager has a __________, the manager’s primary desire is to establish and maintain warm relationships and to be liked.
The answer is: need for affiliation
Explanation:
An individual with a high need for affiliation, always seek to be liked by others and also to belong to a social group.
Need for affiliation is used to describe individual who always seek the approval of others, and always love to belong to a social group.
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The national competitive advantage of industries theory is the one that is based on the notion that competitive advantage is dependent on the four interacting aspects of factor endowments, domestic demand, firm strategy, and related and supporting industries.
<u>Explanation:
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- Some countries bear a competitive advantage over other countries in producing certain commodities owing to the availability of resources in abundance that are required to produce the given commodity within the domestic boundaries.
- This advantage allows certain countries to fetch a greater profit than other competitor countries from trading in the same commodity as the initial cost of producing the commodity is low in some countries and high in some other.
Answer:
-pays a coupon rate
-has a maturity date
Explanation:
A bond is a debt instrument used mostly by governments and corporates to raise funds for long-term projects. The bond issuer borrows funds from the purchaser. The issuer offers to regularly pay interest on the borrowed amount until the maturity date to attract buyers or investors. To the investors or lenders, a bond is a long term investment tool.
The coupon rate determines the attractiveness of a bond. The coupon rate is the interest rate that the issuer will use to calculate the amounts to pay regularly. Bonds have a maturity date. It is the time when the principal amount is to be paid back in full.