Clement,the Director of HR for an Engineering Firm,has Noticed a High

question 68

Multiple Choice

Clement,the director of HR for an engineering firm,has noticed a high level of turnover by key engineers.In his investigation,he has found that they are moving to competing organizations for similar pay and benefits.Clement should

• A) increase the number of engineers hired to offset the high turnover rate.
• B) be more careful to hire engineers with a stable employment history.
• C) implement higher pay and benefits for key engineers.
• D) interview former key engineers to determine the true reason for their departure.

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Definitions:

Bill of Exchange

A written, unconditional order by one party, directing another party to pay a specific sum of money to a third party on demand or at a set time.

Vertical Merger

The combination of two or more companies that operate at different levels within the same industry's supply chain.

Horizontal Merger

A merger between companies operating at the same level in an industry or supply chain, often aimed at reducing competition or achieving economies of scale.

Conglomerate Merger

A type of business combination where two or more corporations in completely unrelated industries combine.