An Example of the External Labor Market Is the Situation

question 6

Multiple Choice

An example of the external labor market is the situation where:

• A) an assessment center operated by an external consulting firm evaluates company managers for promotion potential.
• B) a new vice president of marketing is hired from a competitor.
• C) the senior vice president of finance is promoted to CEO.
• D) a vice president of human resources is sent to a university executive MBA program for professional development.

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Definitions:

Four-Day Workweek

An employment arrangement where the workweek is shortened to four days instead of the traditional five, often with no reduction in pay.

Budget Woes

Financial challenges or difficulties pertaining to managing a budget or expenditure.

Intentional Repetition

The deliberate use of the same word, phrase, or structure for emphasis or artistic effect in communication.

Audience's Ability

The collective skills, knowledge, or capability of a group of people receiving a specific message or content.