HR developed a new program to increase the percentage of minorities employed over the course of six months. Although you hired more minorities, some current employees left the company, and you hired more white employees, resulting in a 1% gain, at an estimated value at $5,000. The extra recruiting cost targeted at minorities was $50,000. This meets a 25% ROI. True or False?
HR developed a new program to increase the percentage of minorities employed over the course of six months. Although you hired more minorities, some current employees left the company, and you hired more white employees, resulting in a 1% gain, at an estimated value at $5,000. The extra recruiting cost targeted at minorities was $50,000. This meets a 25% ROI. True or False?
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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HR developed a new program to increase the percentage of minorities employed over the course of six months. Although you hired more minorities, some current employees left the company, and you hired more white employees, resulting in a 1% gain, at an estimated value at $5,000. The extra recruiting cost targeted at minorities was $50,000. This meets a 25% ROI.
True or False?
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