F291 Recruitment and Market Research quiz 3.0 / 5 based on 1 rating ? Business StudiesASOCR Created by: Daisy JudgesCreated on: 27-12-12 13:01 What is the first stage of recruitment? Demand - establishing there is a need for a job 1 of 16 What is the last stage of recruitment? Induction - ensuring successful applicants settle into the company, know the ethos of the business with relevant induction training 2 of 16 What does the acronym DNJSAI stand for? (Hint: Recruitment stages) Demand, Nature, Job advertisement, Selection, Appointment and Induction 3 of 16 What is sampling? Asking a smaller representative group in hope of finding out opinions of a larger group 4 of 16 Give 3 of the 6 possible types of sampling Convenience, Quota and Random 5 of 16 What is the sampling method where everyone in the population has a equal chance of being included in the survey? Random 6 of 16 Primary data is gathered by desk research False - primary data uses field research 7 of 16 Which data uses field research where the data is gathered originally for a specific purpose? Primary data 8 of 16 What is the difference between internal and external data? Internal data is gathered within the organisation and external data is gathered outside the business 9 of 16 Which data is more relevant and up to date? Primary data 10 of 16 Which data is cheaper and more easily accessible? Secondary data 11 of 16 Which data is typically more time consuming? Primary data 12 of 16 Define Market Research A collective term to describe different ways of gathering information 13 of 16 Give one reason why you may research the market To predict future changes in the market 14 of 16 Describe the process of adding value Transforming raw materials into finished goods and selling them for a higher price 15 of 16 Define added value The difference between cost of raw material and price paid for finished product 16 of 16
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