The War for Talent Refers to The

question 58

Multiple Choice

The war for talent refers to the:

• A)competition between organizations to bench highly paid talented employees for a short duration to make short-term financial savings.
• B)competition between organizations to reduce the average wages across the industry.
• C)competition between organizations to attract and retain the most able employees.
• D)competition between organizations to ensure training and development facilities for low-performing employees.
• E)competition between organizations to empower employees by involving them in the administrative process.

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Definitions:

Contractual Agreement

A legally binding agreement between two or more parties, outlining obligations and rights.

Strategic Financial

Refers to financial decisions, planning, and activities that are aimed at achieving a company's strategic objectives.

Joint Venture Operation

A business arrangement where two or more parties agree to pool their resources for the purpose of accomplishing a specific task.

Equity Method

An accounting method for recording investments in which the investment is initially recorded at cost and subsequently adjusted for the investor's share of the investee's net profits or losses.