What Is One Way That Replacement Planning Has Evolved into Succession

question 131

Multiple Choice

What is one way that replacement planning has evolved into succession management?

• A)broadened the HRM systems
• B)broadened the assessment process
• C)broadened the HR role
• D)broadened the focus to be more strategic

---

Definitions:

Market Risk

That part of a security’s total risk that cannot be eliminated by diversification; measured by the beta coefficient.

Maturity Date

The date when the bond’s par value is repaid to the bondholder. Maturity dates generally range from 10 to 40 years from the time of issue.

Default Probability

The likelihood that a borrower will be unable to meet debt obligations, leading to a default on the obligation.

Annual Coupon

The interest payment made by a bond issuer to the bondholders, usually annually.