Schneider's Attraction-Selection-Attrition Framework Suggests That the Founders of Organizations Tend

question 75

Multiple Choice

Schneider's attraction-selection-attrition framework suggests that the founders of organizations tend to be attracted to and select employees

• A)with similar educational qualifications.
• B)with diverse interests and skills.
• C)whose personalities are similar to theirs.
• D)whose need for power is high.
• E)whose need for achievement is low.

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Definitions:

UPA

Uniform Partnership Act, which is legislation adopted by several states to provide a standard for the governance of business partnerships, including the rights and duties of partners.

Economic Interest

A financial stake or involvement in an enterprise or transaction that has the potential to affect an individual's or entity's wealth.

Surplus

Funds that remain after a partnership has been dissolved and all other debts and prior obligations have been settled.

Vested Property Right

A right concerning property ownership that is fully guaranteed and cannot be taken away without due process.