The Practice of Promoting from Within a Firm Is Called

question 2

Multiple Choice

The practice of promoting from within a firm is called

• A)Seniority preference
• B)Location preference
• C)Inbreeding
• D)Nepotism

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Definitions:

Selection

The process of identifying and choosing individuals from a group of applicants to fill job vacancies in an organization.

Red-Circled

A term used to describe employees whose pay exceeds the maximum of their pay range, often due to changes in job structure or pay scale adjustment.

Pay Ranges

The scale of pay established for jobs of similar value or category within an organization, reflecting minimum and maximum pay rates.

Compensable Factors

Key job elements that are considered when determining the pay for a position, including skills, effort, responsibility, and working conditions.