Citations: Menon, Tanya, J. Pfeffer. 2003. Valuing Internal versus External Knowledge: Explaining the Preference for Outsiders. Management Science. (49)497-513.

The value of internal hires is such that many employers significantly favor them over external candidates. The theory goes that internal candidates are already familiar with the culture of the ...

Internal recruitment is often carried out through internal job adverts published via internal emails, notice boards, business websites and internal company memos. Advantages of internal ...

High-performing companies find candidates at all levels with the necessary core competencies and traits (strong writing abilities, detail-oriented, analytical, strategic, curious, intrinsically ...

A business can gain finance from either internal or external sources. Retained profit is when a business makes a profit, it can leave some or all of this money in the business and reinvest it in ...

There are two types of economies of scale: internal and external economies of scale. Internal economies of scale are firm-specific—or caused internally—while external economies of scale occur ...