Explanation
Selection ratio refers to the ratio of the number of job positions to the number of job applicants and is used in the context of selection and recruitment. It is typically assumed to be a number between 0 and 1 where a number closer to zero implies that there are many applicants for any one position. The number of people hired for a particular job compared to the number of individuals in the applicant pool is often expressed as selection ratio.
A website that is used to officially represent a brand on the Internet, and which is often used as the landing page for advertising content. Therefore it is most popular method of recruitment.
The supply of labour also depends on the proportion of working population in the total labour force. This partly depends on the minimum age at which a person can join the labour force and engage in full time employment. In some countries this factor is legally controlled. In simple words we can say that supply of labor force depend upon population.
There are different methods adopted for capital budgeting. The traditional methods or non discount methods include: Payback period and Accounting rate of return method. The discounted cash flow method includes the NPV method, profitability index method and IRR. Discounted cash flow (DCF) is a valuation method used to estimate the value of an investment based on its future cash flows. DCF analysis attempts to figure out the value of an investment today, based on projections of how much money it will generate in the future.
Popular Types: Induction Training, Job Training, Training for Promotion and Refresher Training: Induction Training, Job Training, Training for promotion, and. Refresher Training. Therefore statement ‘b’ is correct.
The condition in which people in a labour force are employed at less than full-time or regular jobs or at jobs inadequate with respect to their training or economic needs, the condition of being underemployed. Underemployment has been attributed to adverse economic conditions, such as a recession, which occurs when there is a decline in economic activity. Underemployment is also caused when the supply of workers is greater than the demand for workers, there are layoffs, or when there is a technological change.
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