How Do Firms Leverage the Expertise of Their Talent Pool

question 80

Multiple Choice

How do firms leverage the expertise of their talent pool in building capabilities?

• A) Generally by updating existing capabilities.
• B) Generally by establishing a new arsenal of resource capabilities by phasing-out existing capabilities.
• C) Generally by refreshing existing capabilities.
• D) Generally by augmenting or recombining well-established capabilities with existing resources.
• E) None of these,it is easier and less time-consuming to start from scratch in building resource capabilities.

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Definitions:

Vroom's Decision Making Model

A model that outlines how the decision-making process is influenced by an individual's motivations and expectations about the outcome of their choices.

Decision Methods

Various approaches or techniques used to make choices or solve problems within a group or organizational context.

Leader Decides

A decision-making process where the leader of a group makes the final decision, sometimes without consulting the group members.

Distributive Justice

The perceived fairness of the distribution of resources and benefits among the members of a society or group.