To Capture Key Employees from Competitors, Firms May Attract the Symbolic

question 44

Multiple Choice

To capture key employees from competitors, firms may attract the symbolic leader of a group within a competing firm and hope others will follow. This has been termed

• A) the 'Columbus effect.'
• B) the 'Pied Piper effect.'
• C) strategically competitive hiring.
• D) the 'tech exit' effect.

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Definitions:

Pragmatism

A philosophical approach that assesses the truth of meaning of theories or beliefs in terms of the success of their practical application.

End Result

The final outcome or conclusion of a process or a series of actions.

Rule Utilitarianism

A form of utilitarianism that says an action is right as it conforms to a rule that leads to the greatest good, or that "the rightness or wrongness of a particular action is a function of the correctness of the rule of which it is an instance."

Act Utilitarianism

A moral theory that suggests an action is right if it leads to the most happiness for the greatest number of people, evaluating each act separately.