The Most Serious Drawback to Using Seniority as a Major

question 82

Multiple Choice

The most serious drawback to using seniority as a major criterion for promotion is:

• A) It discourages young employees.
• B) It encourages young employees to stay with the company.
• C) It restricts the number of people to be considered for the position.
• D) None of the above.

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Definitions:

Intellectual Capital

The intangible value of an organization's knowledge, processes, and intellectual property, contributing to its competitive advantage.

Personal Asset

An item of value owned by an individual, including tangible and intangible items like property, stocks, or intellectual property.

Intellectual Capital Equation

A formula used to assess the intangible assets of an organization, such as knowledge, skills, and intellectual property, which contribute to its value.

Competency

One’s personal talents or job-related capabilities.