Which of the Following Is NOT a Benefit to the Firm

question 15

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 a higher turnover rate of existing personnel.
• B) Insiders are familiar with the firm's products.
• C) Insider hiring reflects a desire for continuity.
• D) Insiders are more familiar with a firm's operating procedures.

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Definitions:

Reflex Arcs

The neural pathway that mediates a reflex action, involving receptors, sensory neurons, sometimes an interneuron, motor neurons, and effectors.

Interneuron

A type of neuron that serves as a connection between sensory neurons and motor neurons, facilitating communication within the central nervous system.

Standard Deviation

A statistical measure that quantifies the variation or dispersion of a set of data points around their mean average.

Fixed-Interval

In the context of psychological reinforcement, it refers to a schedule where rewards are given after a fixed time period has elapsed, assuming a correct response is made.