If a Firm Is Applying a Growth Strategy,it Will Typically

question 63

Multiple Choice

If a firm is applying a growth strategy,it will typically be focused on certain HR practices.Which of the following activities represent strategies that are NOT a growth strategy?

• A) hoarding by managers
• B) aggressive recruitment
• C) rapidly rising wages
• D) increased job creation

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Definitions:

Sustainability

In the CSR context, a business strategy that creates long-term stakeholder value by considering the ethical, social, environmental, cultural, and economic spheres.

Brands

Distinctive symbols, names, or marks that identify and differentiate products or services of a particular seller or group of sellers.

Synergistic Relationship

A cooperative interaction between two or more entities that results in a combined effect greater than the sum of their separate effects.

Stakeholders

Individuals or groups that have an interest in or are affected by the operations and decisions of a business or organization.