Recruiting and Retaining Capable Employees

question 13

Multiple Choice

Recruiting and retaining capable employees:

• A) is usually much more important to good strategy execution than is assembling a capable top-management team.
• B) is important because the quality of an organization's people is always an essential ingredient of successful strategy execution.Knowledgeable,engaged employees are a company's best source of creative ideas for the nuts-and-bolts improvements that lead to operating excellence.
• C) is more important during periods of rapid growth than during periods of crisis and attempted turnarounds.
• D) is an important organization-building element,particularly when it comes to transforming a competence into a core competence or distinctive competence.
• E) is easily the most critical aspect in building competitively valuable core competencies and capabilities.

---

Definitions:

Economic Concept

A theoretical construct that represents ideas or theories within economics to explain various aspects of the economy, such as supply and demand, inflation, or growth.

Marginal Analysis

A method used in economics and decision-making that examines the costs and benefits of making small (marginal) adjustments to the quantity of a good or service.

Economic Terms

Vocabulary and phrases specific to the study and practice of economics, encompassing theories, models, and real-world financial practices.

Additional Exercise

Additional physical activity or workouts beyond one's regular routine, often aimed at improving fitness or health.