Succession Planning, Which Determines How the Organization Will Handle the Departure

question 13

Multiple Choice

Succession planning, which determines how the organization will handle the departure of managers and how current employees will be ready to take on those roles when a manager does leave, falls under the _____ duty of HRM.

• A) determination of compensation and benefits
• B) enhancement of retention
• C) training and development
• D) compliance with regulatory issues
• E) development of basic workplace policies

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Definitions:

Efficient

Refers to achieving maximum productivity with minimum wasted effort or expense.

Unbiased

A term used in statistics to describe an estimate or model that is accurate and not skewed by any factors.

Point Estimate

A single value given as an estimate of a population parameter that is of interest, usually derived from sample data.

Sampling Distribution

A statistical probability distribution derived from a high volume of samples taken from a particular population.