What Is the Best Recruiting and Retention Strategy Given the Company

question 8

Multiple Choice

What is the best recruiting and retention strategy given the company objective of "increase return on investment by offering innovative products and maintaining high margins"

• A) best talent not likely to be looking so we will have to go get them
• B) develop layoff plans
• C) recruiting plans may call for preparation of lateral transfers
• D) retain current talent as company grows
• E) none of these are appropriate strategies

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Definitions:

Consistency

In accounting, the principle that requires the same accounting methods to be used from period to period for comparability.

Accounting Principles

The rules and guidelines that companies must follow when reporting financial data.

Cash Basis

A financial recording strategy where incomes and costs are documented at the time they are actually exchanged, instead of the moment they are accrued.

Services

Economic activities offered by one party to another, often involving professional support or advice rather than a tangible product.