The Hiring of New People with New Skills, Firing of People

question 56

Multiple Choice

The hiring of new people with new skills, firing of people with inappropriate or substandard skills, and/or training existing employees to learn new skills are included the process of

• A) training.
• B) staffing.
• C) structuring.
• D) operating.
• E) financing.

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Definitions:

Commitment To Buy

A customer's decision or promise to purchase a product or service, often before the actual transaction occurs.

Wisdom And Knowledge

The combination of acquired information, understanding, and insight used to make informed decisions.

Lost To Competitor

A situation where a business loses a potential or existing customer to a rival company, often prompting analysis to improve future competitiveness.

Serious Mistake

An error or decision with significant negative consequences.