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The Management Function Concerned with Anticipating Future Trends and Determining

question 178

Multiple Choice

The management function concerned with anticipating future trends and determining the best strategies to achieve an organization's goals and objectives is known as


Definitions:

Senior Executive Turnover

The rate at which top management personnel leave an organization, either voluntarily or involuntarily, and are replaced.

Succession Management

The process of identifying and developing internal people with the potential to fill key business leadership positions within the company.

Replacement Planning

The process of identifying and preparing suitable employees to replace key positions within an organization in case of employee turnover.

Mentoring

A personal developmental relationship in which a more experienced or knowledgeable person helps to guide a less experienced or knowledgeable person.

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