Which of the Following Is Generally NOT Among the Common

question 24

Multiple Choice

Which of the following is generally NOT among the common practices that companies use to staff jobs with talented people,particularly if intellectual capital greatly aids good strategy execution?

• A) Careful screening and evaluation of job applicants,along with continuous training and retraining programs for employees that continue throughout their careers
• B) Rotating people through jobs that not only have great content but also span functional and geographic boundaries
• C) Eliminating the bottom 10 percent of the lowest-performing employees each year to increase the overall quality performance metrics to above-average industry standards
• D) Encouraging employees to challenge existing ways of doing things,to be creative and innovative in proposing better ways of operating,and to push their ideas for new products or businesses
• E) Fostering a stimulating and engaging work environment such that employees will consider the company a great place to work

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Definitions:

Utility

In economics, utility refers to the total satisfaction received from consuming a good or service.

Indifference Curve

A graph showing different bundles of goods between which a consumer is indifferent, meaning the consumer has no preference for one bundle over another.

Consumer Equilibrium

A state where an individual optimizes their utility or satisfaction from the consumption of goods and services given their income and prices.

Budget Constraint

The representation of all the combinations of goods and services that a consumer can afford to buy with their income at given prices.