The Process of Recruiting and Retaining Capable Employees

question 51

Multiple Choice

The process of recruiting and retaining capable employees

• A) is more important during periods of rapid growth than during periods of crisis and attempted turnarounds.
• B) is always an essential ingredient of successful strategy execution.
• C) is an essential element of developing a distinctive competence.
• D) is closely tied to developing strong information capital capabilities.
• E) is more important than having a good situational fit between the company's strategy and its external environment.

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Definitions:

Multiechelon Supply Chain

A complex supply chain system that involves multiple levels of suppliers, warehouses, production facilities, and distribution centers.

Aggregation

The process of combining multiple items or data points into a single group for simplicity or analysis.

Inventory Upstream

Inventory located earlier in the supply chain, typically held by suppliers or manufacturers before it moves down the chain to distributors or retailers.

CSL (Cycle Service Level)

A measure of the probability that a demand will be satisfied during a single order cycle without stockouts.