1. Should a firm’s selection process be initiated whenever there is an opening? Or should the process be ongoing? Would the hiring effort vary by firm size or industry? 2. Suppose a firm typically...

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1. Should a firm’s selection process be initiated whenever there is an opening? Or should the process be ongoing? Would the hiring effort vary by firm size or industry?


2. Suppose a firm typically employees 15 salespeople. During the course of the year, 2 salespeople leave the firm for higher paying jobs, 1 salesperson is fired, and 1 salesperson retires. What will the turnover rate of the firm’s salespeople be for the year?



Answered 131 days AfterMay 04, 2022

Answer To: 1. Should a firm’s selection process be initiated whenever there is an opening? Or should the...

Tanmoy answered on Sep 13 2022
67 Votes
INTERNATIONAL FINANCIAL MANAGEMENT
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Solution 1    3
Solution 2    3
References    4
Sol
ution 1.
The process for changes in the personnel in the organization must occur on a consistent basis as it is difficult to find hardworking people. Further, since the job profile is in sales, hence there is a high rate of turnover which are very high in the profession and due to negative perception of the candidates of achieving high targets. It is due to this reason most of the sales managers necessitates that the hiring must be a continuous...
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