4.May I know the correct option? QF17. Effective selection help organizations avoidnegligent hiring through:O a. Scrutinize information on employmentapplications.O b. Save all records and information about theapplicant.Non are correct.Od.Reject applicants for false statements orconviction records for offenses related tothe job.All are correct.

Recruitment Process Employee Selection is the process of interviewing, testing and evaluating a…

QF17. Effective selection help organizations avoid negligent hiring through: a. Scrutinize information on employment applications. O D. Save all records and information about the applicant. Non are correct. od. Reject applicants for false statements or conviction records for offenses related to the job. O e. All are correct.

QF17. Effective selection help organizations avoid negligent hiring through: a. Scrutinize information on employment applications. O D. Save all records and information about the applicant. Non are correct. od. Reject applicants for false statements or conviction records for offenses related to the job. O e. All are correct.

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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QUESTIONS (Using the same problem) A vendor for the local ballpark food stand is questioning whether to stock his concession with a large or small inventory. He believes that it will depend upon the size of the crowd. He has developed a payoff matrix for the various alternatives (stocking decision) and states of nature (size of crowd). What is the Expected Monetary Value (EMV)? Alternatives Large Inventory Small Inventory Probability OA) $68,400 O B)-$20,000 O C) $10,000 O D) $51,500 O E) $78,400 Large Crowd $220,000 $90,000 .20 PROFIT ($) Average Crowd $50,000 $70,000 .50 Small Crowd -$2,000 -$5,000 .30
Graphical Method
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PROBLEM 8 Jim Huang and Roderick Wheeler were sales representatives in a computer store at a shopping mall in Arlington, Virginia, when they got the idea of going into business in the burgeoning and highly competitive microcomputer market. Jim went to Taiwan over the summer to visit relatives and made a contact with a new firm producing display monitors for microcomputers, which was looking for an East Coast distributor in America. Jim made a tentative deal with the firm to supply a maximum of 500 monitors per month and called Rod to see if he could find a building they could operate out of and some potential customers. Rod went to work. The first thing he did was send bids to several universities in Maryland, Virginia, and Pennsylvania for contracts as an authorized vendor for monitors at the schools. Next, he started looking for a facility to operate from. Jim and his operation would provide minor physical modifications to the monitors, including some labeling,…
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4 (Using the same problem) A vendor for the local ballpark food stand is questioning whether to stock his concession with a large or small inventory. He believes that it will depend upon the size of the crowd. He has developed a payoff matrix for the various alternatives (stocking decision) and states of nature (size of crowd). What is the Expected Monetary Value (EMV)? Alternatives Large Inventory Small Inventory Probability A) $68,400 O B)-$20,000 O C) $10,000 O D) $51,500 O E) $78,400 Large Crowd $220,000 $90,000 .20 PROFIT ($) Average Crowd $50,000 $70,000 .50 Small Crowd -$2,000 -$5,000 30
Q: Final Reduced Objective Allowable Allowable Cell Name Value Cost Coefficient Increase Decrease $B$5 consider Cake (C) 0 -0.5 4.5 0.5 1E+30 $C$5 consider Dozen Cookies (D) 10 0 10 1E+30 1 what does the value minus .5 for the reduced cost of C mean (other than it is the change in thevalue of the coefficient in the objective function so that the solution includes a positive amountof C)?