Which of the Following Statements About Recruiting and Retaining Capable

question 76

Multiple Choice

Which of the following statements about recruiting and retaining capable employees is FALSE?

• A) The quality of an organization's people is always an essential ingredient if critical value chain activities are to be performed competently.
• B) Recruiting and retaining capable employees is a particularly important organization-building tasks in enterprises where superior intellectual capital is a key resource and also a basis for competitive advantage.
• C) Recruiting and retaining capable employees are usually much more important to good strategy execution and the achievement of true operating excellence than is assembling a capable top management team.
• D) It is very difficult for a company to competently execute its strategy and achieve operating excellence without a large band of capable employees who are actively engaged in the process of making ongoing operating improvements.
• E) In many industries, adding to a company's talent base and building intellectual capital are more important to good strategy execution than additional investments in plants, equipment, and capital projects.

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Definitions:

Environmental Wisdom

A perspective acknowledging the importance of maintaining a balance between human needs and preserving the natural systems that sustain life.

Economic Growth

An increase in the production of goods and services in an economy over a period of time, typically measured as a percentage increase in real gross domestic product (GDP).

Materials Efficiency

Refers to the measure of how effectively resources and materials are used in the production process to minimize waste and reduce environmental impact.

Sustainable Yield

The rate at which a natural resource can be harvested without compromising its ability to regenerate or sustain its future productivity.