Why Would a Business Firm Wish to Select Employees for Promotion

question 30

Essay

Why would a business firm wish to select employees for promotion from within the organization? Describe how an internal staffing system works.

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Definitions:

Economic Recession

A period of significant decline in economic activity across the economy, lasting longer than a few months.

Employee Diversity

The practice of including people of various backgrounds, experiences, and perspectives within a workforce to enhance innovation and decision-making.

Divisiveness

Divisiveness describes the characteristic or tendency of causing disagreement or hostility between people, leading to separate factions or groups being formed within a community.

Valuing Diversity

Recognizing, respecting, and appreciating differences in culture, perspective, and background among individuals in a group or organization.