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MBA 755 Final Exam 3 Questions and All Actual Answers Updated.

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· Core workers - Answer : Employees that are foundational to the business. - Work year round · Flexible workers - Answer : Employees that are hired on an "as needed" basis - Labor costs are variable instead of fixed expense - 1/5 of Americans are flexible workers - Challenges: low motivation, lower performance, increased costs Labor markets - Answer : Supply pool from which employers attract employees -Labor force population -Applicant population -Applicant pool -Selected applicants - Answer Elements of the labor market: · Labor force population - Answer : All individuals who are available for selection if all possible recruitment strategies are used · Applicant population - Answer Subset of the labor force population that is available for selection using a particular recruiting approach · Applicant pool - Answer : All persons who are actually evaluated for selection - Cost effective recruiting - Recruiting less time consuming - Broader exposure and diverse pool of applicants - Better targeting of specific audiences - Recruiters can reach passive job seekers - Answer Advantages of when technology (such as social media, web-based recruiting, E-video, gamification etc.) is used in recruiting? - More unqualified applicants - Additional work for HR staff

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MBA 755 Final Exam 3 Questions and All
Actual Answers 2026-2027 Updated.
· Core workers - Answer : Employees that are foundational to the business.

- Work year round



· Flexible workers - Answer : Employees that are hired on an "as needed" basis

- Labor costs are variable instead of fixed expense

- 1/5 of Americans are flexible workers

- Challenges: low motivation, lower performance, increased costs



Labor markets - Answer : Supply pool from which employers attract employees



-Labor force population

-Applicant population

-Applicant pool

-Selected applicants - Answer Elements of the labor market:



· Labor force population - Answer : All individuals who are available for selection if all possible
recruitment strategies are used



· Applicant population - Answer Subset of the labor force population that is available for
selection using a particular recruiting approach



· Applicant pool - Answer : All persons who are actually evaluated for selection



- Cost effective recruiting

- Recruiting less time consuming

- Broader exposure and diverse pool of applicants

- Better targeting of specific audiences

- Recruiters can reach passive job seekers - Answer Advantages of when technology (such as
social media, web-based recruiting, E-video, gamification etc.) is used in recruiting?



- More unqualified applicants

- Additional work for HR staff

, - Many applicants are not seriously seeking employment

- Access limited or unavailable to some applicants

- Privacy of information and discrimination issues - Answer Disadvantages of when technology
(such as social media, web-based recruiting, E-video, gamification etc.) is used in recruiting?



Recruitment - Answer _____________ is defined as a process that

provides the organization with a pool of qualified job

candidates from which to choose.



1. Budget constraints

2. Expected or trend of employee separations

3. Production levels

4. Sales increases or decreases

5. Global expansion plans

6. External factors might include the following:

7. Changes in technology

8. Changes in laws

9. Unemployment rates

10. Shifts in population

11. Shifts in urban, suburban, and rural areas

12. Competition - Answer Internal factors include

the following:



1. Refer to a staffing plan.

2. Confirm the job analysis is correct through

questionnaires.

3. Write the job description and job specifications.

4. Have a bidding system to recruit and review internal

candidate qualifications for possible promotions.

5. Determine the best recruitment strategies for the

position.

6. Implement a recruiting strategy. - Answer What are the aspects of developing a recruitment
strategy:



diverse - Answer the advantage of publishing open positions to everyone in and outside the
company is to ensure the organization is _____________.

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