In a Recent Trend,some Companies Are Doing Away with Their

question 34

Multiple Choice

In a recent trend,some companies are doing away with their human resource (HR) departments altogether because they:

• A) prefer to have vertical organizational structures.
• B) want to establish a centralized decision-making system.
• C) need more narrowly defined jobs due to greater concern for innovation and quality.
• D) do not need HR for recruitment as they rely heavily on promotions from within and applicants referred by current employees.
• E) want to encourage department managers and other employees to handle HR issues as they arise.

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Definitions:

Refreshing for the Customers

Strategies or actions taken by businesses to rejuvenate their products or services to maintain or enhance customer satisfaction and engagement.

Open Innovation Platforms

Online or digital environments that facilitate collaboration among individuals and organizations to share ideas, develop new products, or improve services.

Innovation Management Software

Software tools designed to help organizations manage their processes for innovation, from idea generation to product development and market introduction.

Market-Creating Innovation

Innovations that generate new markets, transforming existing markets by fulfilling unmet needs or introducing novel solutions.