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If Nothing Is Stated About How Long an Offer Is

question 55

True/False

If nothing is stated about how long an offer is to remain open,it remains open until it is revoked by the offeror.


Definitions:

Human Capital Flow

Encompasses the movement of employees' skills, knowledge, and abilities across different roles, organizations, or geographies.

Human Capital Stock

The aggregate knowledge, skills, competencies, and other attributes embodied in individuals that contribute to their economic value.

Promotions

Activities or strategies aimed at raising the visibility of a product, service, organization, or individual to increase awareness or sales.

Lateral Movements

Job changes within an organization where the new position is at a similar level to the old one, often for the purpose of career development or broadening skills.

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