When Managers Need to Determine Which Employees Are Available for Promotion

question 46

Multiple Choice

When managers need to determine which employees are available for promotion or transfer,they will most likely use ________.

• A)position replacement charts
• B)qualifications inventories
• C)personnel trend records
• D)succession plans

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Definitions:

Strategic Option

This refers to choices available to a company that influence its ability to achieve corporate objectives and competitive advantage.

Bid Price

The highest price that a buyer is willing to pay for a security in the financial markets.

Strategic Options

The various paths or strategies an organization can undertake to achieve its goals and objectives.

Incremental Costs

Additional costs that will be incurred due to a particular business decision.