Global Succession Planning Concerns the Selection of Talented Employees to Replace

question 53

True/False

Global succession planning concerns the selection of talented employees to replace senior managers who leave the MNC because of retirement, reassignment, or for other reasons.

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Definitions:

Skills

Abilities or expertise in particular tasks or areas, acquired through practice, training, or experience.

Combination/Skills Resumé

A type of resume that highlights both a person's job history and the specific skills they possess.

Promotion

The advancement of an employee's rank or position in an organizational hierarchy system.

Steady Progression

The consistent and gradual advancement or development in a particular project, skill, or process over time.