These are sample practice MCQs created for exam preparation. These are NOT official exam questions.
HR DASHBOARD: 28 open positions, average time-to-fill 62 days, cost-per-hire $4,800. PRODUCTIVITY REPORT: Each unfilled sales position costs $12,000/month in lost revenue. HEADCOUNT PLAN: 18 of the open positions are in sales. What is the monthly opportunity cost of unfilled sales positions?
Question:
HR DASHBOARD: 28 open positions, average time-to-fill 62 days, cost-per-hire $4,800. PRODUCTIVITY REPORT: Each unfilled sales position costs $12,000/month in lost revenue. HEADCOUNT PLAN: 18 of the open positions are in sales. What is the monthly opportunity cost of unfilled sales positions?
HR DASHBOARD: 28 open positions, average time-to-fill 62 days, cost-per-hire $4,800. PRODUCTIVITY REPORT: Each unfilled sales position costs $12,000/month in lost revenue. HEADCOUNT PLAN: 18 of the open positions are in sales. What is the monthly opportunity cost of unfilled sales positions?
Options
Answer: (C) $216,000
Explanation:
Opportunity cost = 18 sales positions × $12,000/month = $216,000 per month.
Explanation:
Opportunity cost = 18 sales positions × $12,000/month = $216,000 per month.
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