Which One of the Following Statements About Recruiting and Retaining

question 57

Multiple Choice

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

• A)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 operating improvements that lead to operating excellence.
• B)Recruiting and retaining capable employees is an essential element of developing a distinctive competence.
• C)Recruiting and retaining capable employees is closely tied to developing strong information capital capabilities.
• D)It is very difficult for a company to competently execute its strategy and achieve operating excellence without a cadre of young managerial talent committed to staying with the company for at least a decade.
• E)In many industries,adding to a company's talent base and building intellectual capital are more important than having a good situational fit between the company's strategy and its external environment.

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Definitions:

Perpetual Inventory System

An approach to inventory accounting that directly records transactions of inventory sales or purchases through the use of computerized point-of-sale and enterprise asset management software.

Gross Method

An accounting method for recording purchases at the gross invoice amount before any trade discounts are deducted.

Merchandise Return

Goods returned to the seller from the buyer, often due to defects, dissatisfaction, or other reasons, impacting revenue and inventory levels.

General and Administrative Expenses

Costs related to the overall operations of a company that are not tied directly to a specific functional area like production or sales.