Answers
The ideal decision is (d). In many renowned advertising companies, it is taking the place of the research sections.
What does advertising account planning entail?Sales, marketing, and account management professionals utilize account planning as a marketing approach to target their existing clientele. To better comprehend the demands and motivations of their clients and build enduring relationships with them, they might develop account plans.
What do account planners at marketing firms do?Each campaign's strategic direction is driven by the account planner, who also makes sure that the creative work not only suits the brand but is also strategically targeted. Although the Account Planner plays a crucial function, many agencies assign account planning duties to the Account Manager or Director.
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Which of the following is accurate in discussing account planning?
a. It is taking the place of brand management
b. Its cost is less than that of relying on secondary sources
c. It eliminates the need for secondary research
d. It is replacing the research departments in many highly regarded ad agencies
Related Questions
Cardinal Company is considering a five-year project that would require a $2,915,000 investment in equipment with a useful life of five years and no salvage value. The company’s discount rate is 16%. The project would provide net operating income in each of five years as follows:
Sales $ 2,863,000
Variable expenses 1,014,000
Contribution margin 1,849,000
Fixed expenses:
Advertising, salaries, and other fixed out-of-pocket costs $ 781,000
Depreciation 583,000
Total fixed expenses 1,364,000
Net operating income $ 485,000
15. Assume a postaudit showed that all estimates (including total sales) were exactly correct except for the variable expense ratio, which actually turned out to be 45%. What was the project’s actual simple rate of return? (Round your answer to 2 decimal places.)
Answers
Answer:
The initial investment is $2,915,000. The annual net operating income is $485,000. The project's simple rate of return is the annual net operating income divided by the initial investment.
The variable expense ratio is 45%, which means that the variable expenses are $2,863,000 x 45% = $1,288,350.
The contribution margin is $2,863,000 - $1,288,350 = $1,574,650.
The fixed expenses are $781,000 + $583,000 = $1,364,000.
The net operating income is $1,574,650 - $1,364,000 = $210,650.
The simple rate of return is $210,650 / $2,915,000 = 7.22%.
Therefore, the project's actual simple rate of return is 7.22%.
Which of the following is not one of the drivers of supply chain performance? A. facilities B. procedures C. information D. inventory
Answers
B. Procedures is not one of the drivers of supply chain performance.
The four main drivers of supply chain performance are facilities, inventory, information, and transportation. These drivers help to determine how responsive and efficient the supply chain is.
Good facilities or locations ensure that the goods produced are in good condition till they are requested by consumers. The quality of the goods is also preserved. Efficient transportation ensures that goods get to the customers on time. Inventory which involves stock-taking helps salespeople to know what goods are available and readily provide customers with the needed information and stock. Information is also an essential factor. Knowledge of factors affecting pricing, push versus pull, forecasting, etc., helps decision-makers to know what is needed to improve the quality of goods and their delivery.Conclusively, Procedures are not one of the drivers of supply chain performance.
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____ refers to building up a variety of different products for resale to particular customers. a. Accumulating. b. Allocating. c. Sorting. d. Assorting.
Answers
Assorting refers to building up a variety of different products for resale to particular customers.
What is meant by assorting ?This strategic technique, often known as a "product selection strategy," is used by merchants to control and boost sales. The breadth of products offered, or how many varieties of a specific product a business carries, is one of the strategy's two main building blocks (e.g. how many sizes or flavours of the same product).
An array is a collection of related items that come in various shapes, sizes, colours, and quality.
The act of deciding which "assortment" of goods to market at a given moment and how to distribute them among various outlets and/or sales channels in order to optimize profitability is known as assortment planning.
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1. Do you think the minimum wage should be increased in California, as is proposed? Why or why not? Remember, many firms must give everyone raises when minimum wage increases to keep all their workers happy. 2. In your opinion, what was the original purpose of the minimum wage? Was it meant to be a living wage?
Answers
The list price of an item is $96.60. The supplier is offering a series trade discount of 10/10/19. Find the net cost.
The net cost of the item is $
(Round to the nearest cent as needed.)
Answers
The net cost of the item, after applying the series trade discount, is $63.41.
To calculate the net cost of the item, we need to apply the series trade discount provided. The series trade discount is given as 10/10/19, which means there are three successive discounts applied.
Let's break down the discounts:
The first discount is 10%.The second discount is 10%.The third discount is 19%.To find the net cost, we need to calculate the price after each discount.
Step 1: Apply the first discount of 10%
List price - (10% of list price)
List price - (10/100 * List price)
List price - 0.1 *
List price = 0.9 * List price
Step 2: Apply the second discount of 10%
0.9 * List price - (10% of 0.9 * List price)
0.9 * List price - (10/100 * 0.9 * List price)
0.9 * List price - 0.09 * List price
0.81 * List price
Step 3: Apply the third discount of 19%
0.81 * List price - (19% of 0.81 * List price)
0.81 * List price - (19/100 * 0.81 * List price)
0.81 * List price - 0.1539 * List price
0.6561 * List price
Now, to find the net cost, we multiply the list price by the result of the series of discounts:
Net cost = List price * 0.6561
Given that the list price is $96.60, we can calculate the net cost:
Net cost = $96.60 * 0.6561
Calculating this, we find:
Net cost = $63.41 (rounded to the nearest cent)
Therefore, the net cost of the item, after applying the series trade discount, is $63.41.
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When consumers have more money to spend, how does the demand for burritos change?
Draw a chart like the one below. Compare your chart with a classmate's and analyze the differences in two supply-and-demand graphs. How does your classmate's chart compare with your supply-and-demand model?
Answers
When there is more money to spend the demand for Burritos would like have to increase as well.
When consumers have more money to spend, how does the demand for burritos change?When consumers have more money to spend, the demand for burritos is likely to increase. Burritos are a normal good, meaning that as consumers' incomes increase, they are more likely to purchase more burritos. With more disposable income, consumers are able to purchase more goods and services, including food items like burritos.
The increased demand for burritos may also be influenced by other factors, such as changes in consumer tastes and preferences, marketing efforts by burrito sellers, and availability and pricing of other food options. However, assuming that all other factors remain constant, an increase in consumer income would generally lead to an increase in demand for burritos. This in turn could lead to an increase in production of burritos by suppliers, as they seek to meet the increased demand, and possibly an increase in the price of burritos if the supply does not keep up with demand.
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A company sells 10,000 shares of previously authorized stock at the par value of $10 per share. What's the correct entry to record the transaction?
Answers
The correct entry to record the transaction concerning the company's sale of 10,000 shares of previously authorized stock is a debit to Cash of $100,000 and a credit to Common Stock $100,000.
Data Analysis:Number of shares sold = 10,000
Par value =$10 per share
Cash $100,000 Common Stock $100,000
Thus, the correct entry to record this stock sale is a debit to Cash of $100,000 and a credit to Common Stock $100,000.
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At December 31, 2017 Rice Company had 300,000 shares of common stock and 10,000 shares of 6%, $100 par value cumulative preferred stock outstanding. No dividends were declared on either the preferred or common stock in 2017 or 2018. On January 30, 2019, prior to the issuance of its financial statements for the year ended December 31, 2018, Rice declared a 100% stock dividend on its common stock. Net income for 2018 was $1,140,000. In its 2018 financial statements, Rice's 2018 earnings per common share should be
A. $1.80.
B. $1.89.
C. $3.60.
D. $3.80.
Answers
Answer:
A. $1.80
Explanation:
Earnings per share = (Net Income - Preferred dividend) / Weighted average outstanding common shares
Earnings per share = (1140000 - 10000*100*6%) / (300000 + 300000)
Earnings per share = $1.80 per share
So, Rice's 2018 earnings per common share should be $1.80 per share
Question 5
If an individual has a Holland code suggesting Conventional strengths,
career in which field might be most satisfying?
h
O Finance
O Teaching
O Food Service
O Medicine
Answers
If an individual has a Holland code suggesting Conventional strengths, the career in finance field might be most satisfying. Thus, the correct answer is option B.
What is a Holland Code?The Holland Codes, also known as the Holland Occupational Themes, are a taxonomy of interests based on a career and vocational choice theory developed by American psychologist John L. Holland.
The Holland Codes are a component of the Strong Interest Inventory, which is used to assess interests. Holland defines the "Conventional Type" as a person who has "a preference for actives that entail the explicit, ordered, systematic manipulation of data . These behavioral tendencies, in turn, lead to the development of clerical, computational, and business system competencies.
Therefore, a career in finance would be appropriate for an individual who has a Holland code suggesting Conventional strengths.
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Sweet Catering completed the following selected transactions during May 2016:
May 1: Prepaid rent for three months, $2,400
May 5: Received and paid electricity bill, $60
May 9: Received cash for meals served to customers, $2,610
May 14: Paid cash for kitchen equipment, $3,880
May 23: Served a banquet on account, $2,050
May 31: Made the adjusting entry for rent (from May 1).
May 31: Accrued salary expense, $730
May 31: Recorded depreciation for May on kitchen equipment, $780
If Sweet Catering had recorded transactions using the Cash method, how much net income (loss) would they have recorded for the month of May? If there is a loss, enter it with parentheses or a negative sign.
Answers
If Sweet Catering had recorded transactions using the Cash method, the net loss recorded for the month of May would have ($3,730).
What is the cash basis of accounting?The cash basis of accounting is the opposite of the accrual basis. This accounting method records transactions based on the occurrence of cash receipts and payments.
On the other hand, the accrual basis takes into consideration all transactions that pertain to the period whether cash movements are involved or not.
Transaction Analysis:May 1: Prepaid Rent $2,400 Cash $2,400
May 5: Electricity $60 Cash $60
May 9: Cash $2,610 Sales Revenue $2,610
May 14: Kitchen equipment $3,880 Cash $3,880
May 23: Accounts Receivable $2,050 Sales Revenue $2,050
May 31: Rent Expense $800 Prepaid Rent $800
May 31: Salary expense $730 Salaries Payable $730
May 31: Depreciation Expense- kitchen equipment, $780 Accumulated Depreciation $780
Cash Accounting for net income (loss):
Cash Revenue $2,610
Kitchen equipment -3,880
Prepaid rent -2,400
Electricity -60
Net loss = $3,730
Thus, if Sweet Catering had recorded transactions using the Cash method, the net loss recorded for the month of May would have ($3,730).
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what is the real name of rocky
Answers
2. Carson Inc.'s manager believes that economic conditions during the next year will be strong, normal, or weak, and she thinks that the firm's returns will have the probability distribution shown below. What's the coefficient variation for this firm’s returns??
Economic
Conditions Prob. Return
Strong 25% 30.0%
Normal 45% 12.0%
Weak 30% -14.0%
Answers
The coefficient variation for Carson Inc.'s returns is 4.06.
The coefficient of variation (CV) is a measure of relative dispersion or risk for a set of data. It is calculated as the standard deviation divided by the mean of the data, expressed as a percentage.
First, we need to calculate the expected return for Carson Inc.'s returns:
Expected return = (0.25 x 0.30) + (0.45 x 0.12) + (0.30 x -0.14) = 0.045 or 4.5%
Next, we need to calculate the standard deviation
Standard deviation = √((0.25 x (0.30 - 0.045)²) + (0.45 x (0.12 - 0.045)²) + (0.30 x (-0.14 - 0.045)²)) = 0.1828 or 18.28%
Finally, we can calculate the coefficient of variation
Coefficient of variation = standard deviation / expected return = 0.1828 / 0.045 = 4.06
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O'Neill, Incorporated's income statement for the most recent month is given below. The marketing department believes that a promotional campaign at Store A costing $5,000 will increase sales by $15,000. If its plan is adopted, overall company net operating income should: Select one: a. decrease by $800 b. decrease by $5,800 c. increase by $5,800 d. increase by $10,000
Answers
Answer:
$1,800
Explanation:
Here Decrease or increase can be calculated as under:
Increase in Revenue $15,000
Increase in Variable Cost (72k / 100k * $15,000) ($10,800)
Increase in Promotional Cost ($6,000)
Net Operating Income Decrease ($1,800)
Hence the decrease in Net Operating Income would be by $1,800.
Note: As the complete question is not provided and is not found online, almost similar question was picked from the internet. So make sure you account for of the differences.
The Numerical section of the question is given as under:
After reading a child's file, a trained adult asks the child to perform specific tasks. The
information gained indicates the child may have a developmental delay or disability and
could benefit from early intervention. The adult refers the family to a medical professional
for diagnosis.
Observation
Screening
Assessment
Evaluation
Answers
After reading a child's file, a trained adult asks the child to perform specific tasks and learns that the child may have a developmental disability and could benefit from early intervention and he refers the family to a medical professional for diagnosis. This is called assessment. The correct option is c.
What is a developmental disability?Developmental disability refers to a diverse group of chronic conditions, comprising mental or physical impairments that arise before adulthood. These disabilities cause individuals living with them many difficulties in certain areas of life, especially in language, mobility, learning, self-help, and independent living.
Developmental disabilities can be detected early on and persist throughout an individual's lifespan.
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The stock style box classifies individual stocks by growth, value, and core.
The stock mutual fund style box classifies individual stocks by value, growth,
and blend. These are often referred to as the equity style box. Together, the
vertical and horizontal axes can be used to classify a mutual fund into 1 of _______categories.
Answers
Together, the vertical and horizontal axes can be used to classify a mutual fund into 1 of nine categories.
The stock style box classifies individual stocks by growth, value, and core. The stock mutual fund style box classifies individual stocks by value, growth, and blend. These are often referred to as the equity style box. Together, the vertical and horizontal axes can be used to classify a mutual fund into one of nine categories.
The nine categories are large growth, large blend, large value, mid-cap growth, mid-cap blend, mid-cap value, small growth, small blend, and small value. It is common for investors to use the style box to classify mutual funds, which provides a useful way to understand the risk and return characteristics of an investment.The style box is divided into three parts, the vertical axis, the horizontal axis, and the grid that is formed by these two axes.
The vertical axis represents a market capitalization scale and can be divided into three categories: large-cap, mid-cap, and small-cap. The horizontal axis represents a value versus growth scale and can also be divided into three categories: value, blend, and growth.
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Payroll entries.
Total payroll of Walnut Co. was $1,840,000, of which $320,000 represented amounts paid in excess of $106,800 to certain employees. The amount paid to employees in excess of $7,000 was $1,440,000. Income taxes withheld were $450,000. The state unemployment tax is 1.2%, the federal unemployment tax is .8%, and the F.I.C.A. tax is 7.65% on an employee's salaries and wages to $106,800 and 1.45% in excess of $106,800.
Instructions
(a) Prepare the journal entry for the salaries and wages paid.
(b) Prepare the entry to record the employer payroll taxes.
Answers
Answer:
A. Dr Salaries & Wages exp. $1,840,000
Dr Fed tax withheld & payable $450,000
Cr FICA Taxes withheld & payable $120,920
Cr Cash $2,169,080
B. Dr Employer's Tax expenses $112,920
Cr FICA taxes payable $120,920
Cr SUTA payable $4,800
Cr FUTA payable $3,200
Explanation:
a. Preparation of the journal entry for the salaries and wages paid.
Dr Salaries & Wages exp. $1,840,000
Dr Fed tax withheld & payable $450,000
Cr FICA Taxes withheld & payable $120,920
[($1,840,000-$320,000*7.65%)+($320,000*1.45%)]
Cr Cash $2,169,080
($1,840,000+$450,000-$120,920)
(Being net salaries and wages paid after holding taxes)
b. Preparation of the entry to record the employer payroll taxes.
Dr Employer's Tax expenses $112,920
($120,920-$4,800 -$3,200)
Cr FICA taxes payable $120,920
[($1,840,000-$320,000*7.65%)+($320,000*1.45%)]
Cr SUTA payable $4,800
($1,840,000-$1,440,000*1.2%)
Cr FUTA payable $3,200
($1,840,000-$1,440,000*.8%)
(Being employer's taxes made payable towards salaries & wages)
what amount of Capital could be raised by Transnet
Answers
The amount of capital that Transnet is said to be able to raise is put at R100 billion business by 2020.
What is Transnet?This is the name of a railroad company that was established in South Africa. The company is known for the fact that it is a port, a rail and a pipeline company in the nation.
According to the goals of the company, there goal is to grow the business to have a R100 billion business by 2020. This business is a limited liability company that is owned majorly by the Department of Public Enterprises of South Africa. The government of the country are known to be the sole share holder that the business has in the nation.
So based on the question that we have here we can conclude that the The amount of capital that Transnet is said to be able to raise is put at R100 billion business by 2020.
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I need the answer please help
Answers
As given that the taxable state income for the year is $70,000, the applicable tax rate is 5.5%, thus, the tax payable is $3,850.
What does a progressive tax means?A progressive tax is one in which the tax rate rises in proportion to the taxable amount. The term progressive refers to the manner in which the tax rate rises from low to high, resulting in a taxpayer's average tax rate being less than the person's marginal tax rate. The term can refer to either individual taxes or an entire tax system.
We are given that the taxable state income for the year is $70,000. Note that for this salary range, the tax rate of 5.5% is applicable.
Tax payable is computed as:
= $70,000 * 5.5%
= $3,850
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Click this link to view O'NET's Skills section for Human Resources Managers, Note that common skills are listed
toward the top and less common skills are listed toward the bottom. According to O'NET, what are some common
skills needed by Human Resources Managers? Select four options
management of personnel resources
operation and control
social perceptiveness
speaking
O active listening
troubleshooting
Answers
Answer: B C and E
Explanation: Brainliest please
Answer:
A, C, D, and E.
Explanation:
Problem:
Juan Starts his Car Wash Business and here are the transaction on his one month operation.
1. Juan will start his Car Wash business namely “Fast Carwash” , using his own money amounting
8,000aed.
2. He also borrowed money from the bank amounting 2,000aed as additional to his capital.
3. He spent 500aed on car wash equipment.
4. He also spent 300aed for supplies in his busines paid in cash.
5. Juan got his 1st customer paid in cash amounting of 250aed.
6. After a few days he got his 2nd customer who paid in cash amounting 250aed.
7. Juan needs to replenish his supplies after the 2nd customer so he spend 150aed for supplies but on credit to the supplier.
Answers
Answer:
Juan Starts his Car Wash Business and here are the transaction on his one month operation. 1. Juan will start his Car Wash business namely “Fast Carwash” , using his own money amounting
8,000aed.
2. He also borrowed money from the bank amounting 2,000aed as additional to his capital.
3. He spend 500aed on car wash equipment.
4. He also spend 300aed for supplies in his busines paid in cash.
5. Juan got his 1st customer paid in cash amounting of 250aed.
6. After a few days he got his 2nd customer who paid in cash amounting 250aed.
7. Juan needs to replenish his supplies after the 2nd customer so he spend 150aed for supplies but on credit to the supplier.
Answer:
Wow the guy that rick rolls everyone needs help what a loser
Explanation:
LEONE COMPANY Income Statement For Year Ended December 31 Sales Cost of goods sold Finished goods inventory, beginning Cost of goods manufactured Goods available for sale Less: Finished goods inventory, ending Cost of goods sold Gross profit General and administrative expenses Selling expenses Net income $ 84,000 84,000 92.000 $ 3,251,000 $ (8,000) 3,259,000 127.000 603,000 2,529,000
How do you find the cost of goods manufactured?
Answers
The cost of goods manufactured (COGM) is the cost of all the products that a company has manufactured during a period.
How to calculateIt is calculated by adding the beginning finished goods inventory to the total manufacturing costs, and then subtracting the ending finished goods inventory.
In the income statement you provided, the cost of goods manufactured is calculated as follows:
COGM = $92,000 + $3,251,000 - $127,000 = $3,224,000
Therefore, the cost of goods manufactured for Leone Company is $3,224,000.
Here is the formula for calculating COGM:
COGM = Beginning finished goods inventory + Total manufacturing costs - Ending finished goods inventory
The total manufacturing costs include direct materials, direct labor, and manufacturing overhead.
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Which is these is true about trusts?
OA. They have less tax liability.
OB. They have multiple beneficiaries.
C. They require power of attorney.
OD. They have more tax liability.
Answers
Answer: The answer is They have more tax liability.
Explanation:Trust is a fiduciary relationship.In this, a first party gives the right to assets or the right to hold the title to a second party for the benefit of a third party.The first party is called the Grantor.The second party is called as the Trustee.The third party is called as the Beneficiary.As the trust is a seperate legal and taxable entity, the tax payment of the trusts depend upon whether it is a simple trust,complex trust or a grantor trust.The tax brackets of trusts are more compressed.So, the trusts pay more taxes than individual taxpayers.
when using a credit card, how can you avoid paying high interest rates on your balance?
Answers
Answer:
Ask prime minister to lower it
Explanation:
you are the manager of a firm that receives revenues of $60,000 per year from product X and $100,000 per year from product Y. The own price elasticity of demand for product X is −2, and the cross-price elasticity of demand between product Y and X is 1.5. How much will your firm's total revenues (revenues from both products) change if you increase the price of good X by 2 percent?
Answers
Firm's total revenues will change to $600 if you increase the price of good X by 2 percent
Price elasticity of demand = percentage change in quantity demanded / percentage change in price −2 = percentage change in quantity demanded / 2% percentage change in quantity demanded = --2 x 2% = -4% The quantity demanded of good X would fall by 4% Revenue would change by -0.04 x $60,000= -$2400 Cross price elasticity of demand measures the responsiveness of quantity demanded of good Y to changes in price of good X. 1.5 = percentage change in quantity demanded of good Y / 2% percentage change in quantity demanded of good Y = 1.5 x 2% = 3.0% The quantity demanded of good Y would increase by 3.0% Revenue would change by 0.030 x $100,000= $3000 Total change = -$2400+ $3000=$600
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Can someone help me with this or explain it to me?
Answers
The stock symbol for Under Armour is "UAA" on the stock chart.
What is the stock symbol for Under Armour?The stock symbol for Under Armour is "UAA". Stock symbols are unique identifiers used by stock exchanges to represent publicly traded companies.
"UAA" is the ticker symbol used for Under Armour's Class A shares, which are listed and traded on various stock exchanges, including the New York Stock Exchange (NYSE). Investors and traders can use this stock symbol to track the performance of Under Armour's stock in financial markets.
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0
Question 1
What is the most important question you should have after seeing this ad about a check cashing business?
Why Choose ACE to Cash Your Check
The approval process is easy Get your funds without the hassle
No credit check necessary
No waiting Get your funds today
Close, convenient parking
Great customer service
O How many locations do you have?
O Can I get a written copy of all of the fees that you charge for your services?
O What are your hours of operation?
O How many tellers do you have?
Answers
The most important question you should have after seeing this ad about a check cashing business is"
Why Choose ACE to Cash Your Check?No credit check necessary?Can I get a written copy of all of the fees that you charge for your services?Is a check cashing business considered a financial institution?A money service business is one that is seen as a kind of a financial institution that is known to be involved with one or a lot of of the following entities such as:
Check casher Foreign currency dealer, etc.So, the most important question you should have after seeing this ad about a check cashing business is"
Why Choose ACE to Cash Your Check?No credit check necessary?Can I get a written copy of all of the fees that you charge for your services?Learn more about check cashing business from
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What dose it mean to be fully human were interacting with others any virtual space like classroom why or why not
Answers
While interacting with others in a virtual space, to be fully human means for instance such as in a classroom, means having the qualities and characteristics inclusive to humanity, even though the medium of communication being virtual.
It involves identifying and embracing our shared humanity and engaging in meaningful connections with other people like friends family colleagues, even though miles apart and can only see by virtual screens.
Emotional connections, sharing knowledge, expression ,communication collaboration cooperation are the various forms. Therefore, virtual experiences though lack sensory and physical aspects of face-to-face interactions, they still provide a platform for human connection, learning, and growth.
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Which of the following occupations would be best suited for someone with an intuitive-feeling style?A. Public relations B. Advertising C. Human Resources D. Politics E. Customer service
Answers
Answer:
Politics
Public relations
Explanation:
There are 4 styles of learning namely:
- Sensing uses their senses to understand the world. They verify first for themselves them they believe
- Intuitive perceives inner meaning in how people relate with each other. Usually they don't just take what they see but look for deeper significance.
- Thinking the individual looks at facts and verifiable information. Thinks in terms of cause and effect.
- Feeling is based on like and dislike. They don't use logic but rather implied meaning of actions.
So for a intuitive-feeling style are those who continuously seek for self expression. They are not comfortable with routine tasks. Do not like following set procedures but act intuitively.
These set of people will do better on politics of public relations
What is the impact of e-commerce on employment/unemployment ?
Answers
Answer:
E-commerce creates new jobs directly, in the field of information and communication technologies, but also indirectly through an extremely dynamic increase of the volume and diversity of product demand [44].
Thus, by reducing costs, improving efficiency, reducing time and distance, e-commerce can become an important development tool. One of the advantages of e-commerce is that it takes time and effort, facilitates access to foreign markets, promotes economic growth, and improves exports and production
As a human resources manager three selection measures you could use to select your targeted employees in 5star international resort.
Answers
Answer:
Selection measures simply refer to the yardstick that HR Managers or businesses use to make hiring decisions.
Three litmus tests which the successful candidate must pass are:
1. Culture Fit: An International Resort business with a 5-star rating must have gotten there with the right values, and culture. When a candidates attitudes, beliefs and values mirror that of the organisation, they are said to be culture fit.
2. Job Fit: It is the job of the Human Resources manager to ensure that the candidate can do the job. He or she can achieve this by using various recruitment, selection and interview. For a 5 Start International Resort, for instance, the employees must be very people-centric, courteous and display high levels of social and emotional intelligence.
3. Background Checks: Having satisfied the first two criteria, the prospective employees must have strong references and background checks which reveal:
consistency in the information provided during the application process; and good standing with their current and or previous employer/colleagues.
Cheers!