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.

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Definitions:

No Risk Assessment

The absence of evaluation or analysis of the potential negative impacts or dangers associated with an activity or decision.

Fully Informed Consent

The process of providing all necessary information about a research study to potential participants so that they can make an informed decision about their participation.

Anonymous Surveys

Surveys conducted in a manner where the respondents' identities remain unknown to ensure privacy and encourage honest answers.

Normal Educational Practices

This term likely refers to the standard, accepted methods and strategies employed in the education system for teaching and learning.