If a Firm Is Applying a Growth Strategy,it Will Typically

question 21

Multiple Choice

If a firm is applying a growth strategy,it will typically be focused on certain HR practices.Which of the following activities represent strategies that are NOT a growth strategy?

• A)reduced training
• B)aggressive recruitment
• C)rapidly rising wages
• D)increased job creation

---

Definitions:

Simultaneous Increase

The occurrence of two or more variables or factors growing or expanding at the same time, often in a related or interconnected manner.

Promotion

The advancement of an employee to a higher position or rank within an organization, typically associated with increased responsibilities, authority, and pay.

Total Compensation

The complete reward package a worker receives, including salary, benefits, bonuses, and any other form of pay for services.

Strategic Objectives

Long-term, overarching goals that an organization aims to achieve to implement its vision and mission.