Rolex, a Maker of Expensive, High-Quality Watches That Convey Status

question 7

Multiple Choice

Rolex, a maker of expensive, high-quality watches that convey status and luxury, follows a differentiation strategy. Therefore, an important goal of its human resource strategy will likely be to

• A) focus employee training on cost reduction efforts.
• B) hire workers who are flexible and can perform a variety of tasks.
• C) keep the size of the workforce small to increase efficiency.
• D) retrench using layoffs and terminations.
• E) provide minimal compensation and benefits.

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Definitions:

Anorgasmia

A type of sexual dysfunction where an individual is unable to achieve orgasm despite adequate stimulation.

Depersonalization Syndrome

A dissociative disorder characterized by persistent or recurrent feelings of detachment from one’s self, as if one is an outside observer of their own actions.

Semen Loss

A concept often related to historical and cultural beliefs regarding the physical and psychological effects of losing semen, typically through ejaculation not resulting in conception.

Koro

A cultural-specific syndrome most commonly found in Southeast Asia where individuals fear that their genitals are retracting and will disappear.