Best Practices for Onboarding Programs in Firms Suggest All of the Following

question 111

Multiple Choice

Best practices for onboarding programs in firms suggest all of the following EXCEPT

• A)Make interaction key to the program.Get participation from all organization members to the greatest extent possible.
• B)Keep the program as an informal plan.Formalization of the plan will prevent its adaptation to new types of employees.
• C)Be clear on goals of the program and those who are actively participating.
• D)Establish milestones for the program and monitor them.Try to build a rhythm for the program.

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Definitions:

Accounts Receivable

Money owed to a company by its customers for products or services that have been delivered but not yet paid for.

Inventory

The total amount of goods and materials held by a company for the purpose of resale or production.

Current Ratio

A financial ratio that gauges a firm's capacity to meet its short-term debts or obligations due within the next year.

Acid-Test Ratio

A financial metric that measures a company's ability to pay off its current liabilities with its quick assets (cash, marketable securities, and receivables).