What is a characteristic of businesses found in the hidden market?
Understand the Problem
The question is asking for a specific characteristic of businesses that exist in the hidden market, providing multiple-choice options to select from. The goal is to identify which option accurately describes such businesses.
Answer
Businesses in the hidden market often fill roles through internal promotions and referrals.
A characteristic of businesses found in the hidden market is that they often fill positions through internal promotions, referrals, and word of mouth, rather than publicly advertising vacancies.
Answer for screen readers
A characteristic of businesses found in the hidden market is that they often fill positions through internal promotions, referrals, and word of mouth, rather than publicly advertising vacancies.
More Information
The hidden market typically involves opportunities that aren't publicly listed, as companies prefer informal networks and internal candidates to fill roles, often resulting in less competition for these positions.
Sources
- Hidden Job Market – Definition, Overview & FAQ | Recruiteze - recruiteze.com
- What Is The Hidden Job Market? 5 Tips For Finding Secret ... - Swag - swagapp.com
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