Answer is process of selection.
The selection process is the process of identifying and shortlisting the best candidates with the necessary qualifications and the skill set to fill unfilled jobs in a company. The selection procedure varies by industry, firm, and even across divisions within the same organization.
Every firm builds its selection process with the urgency of employing individuals and the requirements for the job vacancy in mind. Preliminary interview, screening of applicants, employment tests, selection interview, validations and recommendations, medical exam, and ultimate decision are the stages required in the selection process.
Therefore, the answer is selection process.
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Explanation:
- It is a level of goods and services provided by the country in a specific period
- Certain factors associated with the economic growth are
1. Natural resources: Every country must protect their land forms so that the natural resources like oil or mineral can be obtained adequately and thus it can boost the economy of the country
2. Infrastructure: Creating an successful infrastructure make goods and services faster and thus increasing the economic growth.
3. Higher population: There are both advantages and disadvantages. We have high man power and on the other side there might be huge unemployment too.
Culture is closely associated with the branch of economy because it can turn the country upside down. Because, it is the culture which decides the like and unlike of a particular product.
The calculated profit per unit for base-case, worst-case is, and best-case for the management of Brinkley corporation is:
<h3>The Profit per unit for base-case:</h3>
45 - 1 1- 24 - 3 = $7
<h3>Profit per unit for worst case:</h3>
45 - 12 - 25 - 3 = $3 per unit
<h3>Profit per unit for best case:</h3>
45 - 10 - 20 - 3 = 12$ per unit
b. The mean profit per unit is given as $7.05
c. The reason the simulation approach is preferable is due to the fact that it can help to determine the probability of profit as a particular amount, unlike the what-if scenario analysis.
It can also create different scenarios for possible resources.
d. The probability of the fact that the profit per unit woul be less than 5 is 9%
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A surplus<span> is used to describe many </span>excess<span> assets including income, profits, capital and goods. A </span>surplus<span> often occurs in a budget, when expenses are less than the income taken in or in inventory when fewer supplies are used than were retained. </span>Economic surplus<span> is related to supply and demand</span>
The real money demand is equal to $2,60,000
Money demand/ P = 1000+0.2Y -1000i
Money demand/200= 1000+0.2(2000)-1000(0.1)= 1000+400-100
=1300
Money demand /200 = 1300
Money demand = $1300*200
= $2,60,000
Money demand is the demand for real cash balances as people hold onto money to purchase goods and services. The higher the price level, the more money you need to buy a certain amount of goods.
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