1. Dynamic business environment: RP adapts to competition, market trends, and technological changes, ensuring efficiency and reputation maintenance in recruitment.
2. Employment agency definition: RP matches employers with qualified candidates, charging clients for recruitment services, and leveraging social media and word-of-mouth marketing.
3. Budget analysis: Actual cost per hire for March 2024 calculated using total costs and adverse variance; budgets provide cost control and performance benchmarking benefits.
4. Sales employee selection: Methods include structured interviews assessing role-specific skills and psychometric tests evaluating personality traits for sales efficacy.
5. Diversity and equality impact: Enhances employee satisfaction, talent retention, and innovation; potential costs involve training and policy implementation for inclusivity.
6. Mass customization: FW personalizes T-shirts for events, combining production efficiency with customized appeal, increasing perceived value and customer satisfaction.
7. Break-even analysis: New payment method's break-even output calculated, reflecting reduced fixed costs and adjusted variable costs with increased sales projections.
8. Employee payment benefits: Commission incentivizes performance, increasing earnings potential for motivated employees, though concerns of income instability remain.
9. External financing for expansion: FW could use bank loans offering fixed repayment schedules or venture capital providing large investment with equity sharing.
10. Product portfolio expansion: Diversification reduces dependency on T-shirts, broadens market appeal, but requires resource allocation for new product development and marketing.
Laura Bellini
Classification: Paper 2
Page count: 4
Viewed: 328
Last update: 6 months ago
Crash report