The Proper Matching of What a Firm Can Do with What

question 24

Multiple Choice

The proper matching of what a firm can do with what it might do:

• A) balances the internal characteristics of the firm with the characteristics of the external environment.
• B) overcomes the rigidity and inertia resulting from a history of success.
• C) yields insights the firm requires to select its strategy.
• D) develops core competencies based on human knowledge.

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Definitions:

Users

Individuals who use or interact with a product, service, or system, typically in the context of software or technology.

HR Metrics

Quantitative measures used to track and assess the efficiency and effectiveness of HR policies, practices, and outcomes.

Recruitment Cost

The total expenses incurred by an organization in the process of finding and hiring new employees, including advertising, interviewing, and training costs.

Time-To-Hire

The duration between initiating the search for a new employee and the moment the selected candidate accepts the job offer.