Which of the Following Illustrates the Management Practice of Gaining

question 23

Multiple Choice

Which of the following illustrates the management practice of gaining competitive advantage through people?

• A) The management of Mabette, a law firm, believes that it is best not to disclose the company's financial information to the employees of the organization.
• B) The board of directors of Naocomp, a software company, decides to launch its own research and development division by investing from the company's profits.
• C) Pentafth, an advertising agency, does not provide job security to its employees under the pretense that the fear of losing their jobs would cause the employees to perform well.
• D) Olagamp, a pharmaceutical company, recruits aggressively without enough screening so that it does not lose any talented job applicants in the process.

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Definitions:

Security Interest

A legal right or claim on assets granted to a creditor to secure the repayment of a loan, ensuring the asset's availability for seizure in case of default.

Lease

A contractual agreement where one party (the lessor) grants another party (the lessee) the right to use an asset for a specified period in exchange for payment.

Electronic Commerce

The buying and selling of goods or services using the internet, and the transfer of money and data to execute these transactions.

Ucc Articles

UCC Articles refer to the sections of the Uniform Commercial Code, a comprehensive set of laws governing commercial transactions in the United States.