Question

In: Economics

The HR department is trying to fill a vacant position for a job with a small...

The HR department is trying to fill a vacant position for a job with a small talent pool. Valid applications arrive every week or so, and the applicants all seem to bring different levels of expertise. For each applicant, the HR manager gathers information by trying to verify various claims on resumes, but some doubt about the fit always lingers when a decision to hire or not is to be made. What are the Type I and II decision errors cost? Which decision error is more likely to be discovered by the CEO? How does this affect the HR managers hiring decisions?

Solutions

Expert Solution

Rahul Sunny answered 2 years ago
Next > < Previous

Related Solutions

The HR department is trying to fill a vacant position for a job with a small...
The HR department is trying to fill a vacant position for a job with a small talent pool. Valid applications arrive every week or so, and the applicants all seem to bring different levels of expertise. For each applicant, the HR manager gathers information by trying to verify various claims on the candidate's résumé, but some doubt about “fit” always lingers when a decision to hire or not is to be made. Suppose that hiring an employee who is a...
The HR department is trying to fill a vacant position for a job with a small...
The HR department is trying to fill a vacant position for a job with a small talent pool. Valid applications arrive every week or so, and the applicants all seem to bring different levels of expertise. For each applicant, the HR manager gathers information by trying to verify various claims on resumes, but some doubt about fit always lingers when a decision to hire or not to hire is made. •What are the Type I and Two decision errors costs?...
How to best way to explain Job Requirement Matrices for HR/director position
How to best way to explain Job Requirement Matrices for HR/director position
In a small job shop department there are four jobs to be assigned to three workers....
In a small job shop department there are four jobs to be assigned to three workers. The table below indicates the weekly costs incurred by assigning each worker to each job. The objective is to find the optimal assignment that will minimize the total cost.                      Worker/Job │   I      II     III    IV A     │ 12      10    11    15   B     │ 13      16    14    12   C     │ 11 12    13    10       Formulate this problem as a linear programming model...
Outline the responsibilities of an HR department.
Outline the responsibilities of an HR department.
Is the HR department responsible for accruals, or is this a concern for the accounting department?...
Is the HR department responsible for accruals, or is this a concern for the accounting department? Why do you think so?
Benefits of digitization in HR department in the organizations
Benefits of digitization in HR department in the organizations
Imagine you are in HR department and HR manager has advised you to design a basic...
Imagine you are in HR department and HR manager has advised you to design a basic framework which will eventually lead to the development of recruitment, selection and induction policies. The framework can be in the form of flowchart or diagram with relevant explanations. Design the framework and attach with your assessment answers.
exemples about JOB and about POSITION
exemples about JOB and about POSITION
The Legal Department (LE) and Human Resources Department (HR) of the XXX Corporation support the operations...
The Legal Department (LE) and Human Resources Department (HR) of the XXX Corporation support the operations of Divisions A and B of the XXX Corporation. The total cost incurred by the Legal Department in supporting A and B is $2,000,000. The total cost incurred by the Human Resources Department in supporting A and B is $10,000,000. The Legal Department devotes 400 Person-Hours (PH) to support Division A, 600 PH to support division B, and 100 PH to support the Human...
ADVERTISEMENT
Subjects
ADVERTISEMENT
Latest Questions
ADVERTISEMENT