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:

Average Fixed Cost

The fixed expenses of a business spread out over the total number of units produced, decreasing as production increases.

Total Revenues

The total income generated by a firm from its sales activity, calculated by multiplying the selling price by the quantity sold.

Nonprice Competition

Strategies employed by companies to differentiate their products or services from those of competitors, other than through lowering prices, such as marketing and product quality improvements.

Perfectly Elastic

Describes a market scenario in which the quantity demanded or supplied changes infinitely in response to any change in price.