Isidore Security Services Is a National Provider of Guard and Security

question 79

Multiple Choice

Isidore Security Services is a national provider of guard and security services for businesses. It has been in business for over 90 years, having been founded by one of Teddy Roosevelt's Rough Riders (Isidore O'Malley) . Lately it has been losing clients to more aggressive and innovative firms offering remote security monitoring systems instead of a guard-based approach. The board of directors of Isidore Security Services is concerned that this downward trend may threaten the existence of this venerable firm and the jobs of its employees.  Which one of the following is true?

• A) This is an example of an established firm neglecting the opportunity-seeking aspect of strategic entrepreneurship.
• B) This example shows the dysfunctional aspects of unrestricted entrepreneurialism.
• C) This is an example of the lack of human capital hampering internal innovation.
• D) Isidore Security Services is suffering from the "novelty effect" wherein new firms are more attractive to clients/customers merely because they are new and not because they add value.

---

Definitions:

Selection Process

The method used by organizations to identify, assess, and hire individuals for positions.

Recruitment Process

The entire process of identifying, attracting, screening, selecting, and hiring the best candidates for an organization.

Job Analysis Process

A systematic examination of the tasks, responsibilities, and qualifications needed for a specific job, used for recruitment and performance evaluation.

Realistic Job Preview

A recruitment tool that provides potential applicants with a true representation of the responsibilities and conditions of a job.