The War for Talent Refers to The

question 58

Multiple Choice

The war for talent refers to the:

• A)competition between organizations to bench highly paid talented employees for a short duration to make short-term financial savings.
• B)competition between organizations to reduce the average wages across the industry.
• C)competition between organizations to attract and retain the most able employees.
• D)competition between organizations to ensure training and development facilities for low-performing employees.
• E)competition between organizations to empower employees by involving them in the administrative process.

---

Definitions:

Market Modification

The process of altering market strategies, such as product features or marketing mix elements, to adapt to changing consumer demands or to enter new markets.

Product's Life Cycle

The stages through which a product goes from its introduction to the market, growth, maturity, and eventual decline.

Athletic Shoes

Footwear designed specifically for sports or other forms of physical exercise, offering varying levels of support, durability, and comfort.

Product Repositioning Strategy

An approach in marketing where an existing product is marketed differently to change its perception among consumers or to reach a new target market.