Answer:
<u>FALSE</u>
Explanation:
Note that, recruitment sources are the channels or sources from which qualified applicants for a position in a company are gotten. One such channel or source is through employees in the organisation who knows a qualified person outside the organisation to take up open positions.
Therefore, the Referrals are those that apply because they were prompted or referred by employees in the organisation to apply for vacancy.
Answer:
Explicit costs - $51,000
Explicit costs are those for which a person incurs in actual spending of money. In this case, Christine had to pay $15,000 in wages, and $36,000 in rent ($3,000 x 12). These are expenses that she had to pay money for, and that had to be accounted for in the accounting books, and in the financial statements. These are in other words, explicit costs.
Implicit costs - $40,000
Implicit costs are simply the opportunity costs. An opportunity cost is the cost of the next more valuable alternative when faced with two or more options. No money is paid for this costs. The implicit costs for Christine were the $40,000 that she not receive as wages if she had continued working at a real state firm.
Answer:
increasing returns to scale
Explanation:
The biggest barrier for other firms are increasing returns to scale. This is because Eric and Chris have their company already established and also have their clientele all hooked up and using their service. This allows them to produce a much higher electrical output for their clients with a certain Income. Newer companies will need a much higher income just to be able to produce a similar electrical output in order to try and compete with Eric and Chris.
I would say C or D. Remember, bombastic words are not required.
