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:

Self-Absorbed

Excessively focused on oneself and one's own needs, often ignoring the needs and feelings of others.

Self-Esteem

The sense of one's own value or worth as a person, reflecting a judgement of oneself.

Highest Point

The location or position that is at the greatest height compared to the surrounding areas or elements.

Narcissistic

Narcissistic pertains to having an excessive focus on oneself, often accompanied by a lack of empathy for others.