Which of the Following Is NOT a Benefit to the Firm

question 67

Multiple Choice

Which of the following is NOT a benefit to the firm using the internal labor market to select a new CEO?

• A) Internal hiring results in an increased level of innovation.
• B) Insiders are familiar with the firm's products, markets, technologies, and operating procedures.
• C) Use of the internal labor market reduces turnover among existing employees.
• D) Insiders are more familiar with a firm's operating procedures.

---

Definitions:

In-Person Survey

A data collection method where researchers directly interact with participants to gather information through questions in a face-to-face setting.

Valid

Accurately reflecting the truth or reality, often used in the context of arguments, research, or data.

Reliable

A term describing something or someone that consistently performs well or can be trusted to deliver accurate results or outcomes.

Verifiable

Capable of being tested and proven as true or accurate.