One of the Largest Consulting Firms in the World Prefers

question 50

Multiple Choice

One of the largest consulting firms in the world prefers to hire many entry-level consultants and then retain only about 10 percent by the third year. This strategy allows them to become acquainted with many workers and keep only the best. On the basis of this strategy, the firm pays below-market salaries. Which of the following is NOT a likely outcome of paying below-market rates?

• A) It may encourage voluntary turnover.
• B) It is less costly to the organization.
• C) It may create a culture of competitive superiority.
• D) It may not attract the highest-quality employees.
• E) It may lead to feelings of resentment among employees.

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Definitions:

Working Memory

A cognitive system responsible for temporarily holding and processing information, enabling activities such as reasoning, learning, and comprehension.

Rehearsal

The process of repeating to oneself the material that one is trying to remember.

Memory Organization

The way in which memories are structured, stored, and retrieved in the brain, often influencing how information is recalled.

Free Recall

Free recall is a memory task in which a person is asked to remember information in any order, without cues or prompts, typically used to assess memory performance.