What Is the Advantage of Promoting from Within When Filling

question 120

Multiple Choice

What is the advantage of promoting from within when filling an opening within the organization?

• A) Less need for a realistic job preview
• B) Increased influx of high quality employees
• C) Increased employee morale
• D) Reduced turnover
• E) Increased diversity of employees

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Definitions:

Optimal Consumption

The consumption mix that provides the highest satisfaction or utility level to an individual, given their income and prices.

Indifference Curve

A graphical representation of different bundles of goods between which a consumer is indifferent, showing levels of utility.

Indifference Curves

Graphs representing different combinations of two goods that provide the same level of utility or satisfaction to a consumer.

Optimal Consumption

The consumption point at which a consumer achieves the highest possible satisfaction from available resources.