Which Recommended Practices Has Deloitte Used to Recruit and Retain

question 38

Essay

Which recommended practices has Deloitte used to recruit and retain the best employees to make its rank-and-file employees a genuine competitive asset?

Explain how social and environmental cues can influence the behavior of individuals in groups.

Identify strategies to mitigate negative effects of group dynamics such as social loafing and deindividuation.

Understand the components and causes of prejudice and discrimination

Recognize the impact of group dynamics on decision-making and behavior

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Definitions:

Efficient Nation

A country that utilizes its resources in the most productive way possible, maximizing output and welfare with minimal waste.

Comparative Advantage

The capacity of a person, business, or nation to provide a product or service with a smaller opportunity cost compared to rival entities.

World Trade Organization (WTO)

An organization of 164 nations (as of mid-2019) that oversees the provisions of the current world trade agreement, resolves trade disputes stemming from it, and holds forums for further rounds of trade negotiations.

Trade Deficits

A situation where the value of a country's imports exceeds the value of its exports.