Recruiting and Retaining Capable Employees Does NOT Entail

question 33

Multiple Choice

Recruiting and retaining capable employees does NOT entail

• A)the quality of an organization's people, which is always an essential ingredient if critical value chain activities are to be performed competently.
• B)recruiting and retaining capable employees, which is a particularly important organization-building task in enterprises where superior intellectual capital is a key resource and also a basis for competitive advantage.
• C)recruiting and retaining capable employees, which is usually much more important to good strategy execution and the achievement of true operating excellence than is assembling a capable top management team.
• D)a large band of capable employees who are actively engaged in the process of making ongoing operating improvements.
• E)adding to a company's talent base and building intellectual capital while foregoing investments in plants, equipment, and capital projects.

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Definitions:

Three-Month Moving Average

An average calculation that updates by incorporating the most recent three months' data and dropping the oldest month in each new calculation.

Linear Regression

A statistical method for modeling the relationship between a dependent variable and one or more independent variables.

Associative Variables

Factors in statistical analysis that are linked or related in such a way that their values change together in a predictable pattern.

Mathematical Models

Abstractions and representations of real-world systems through mathematical expressions to predict and analyze their behavior.