Which One of the Following Statements About Recruiting and Retaining

question 21

Multiple Choice

Which one of the following statements about recruiting and retaining capable employees is true?

• A) The quality of an organization's people is always an essential ingredient of successful strategy execution-knowledgeable,engaged employees are a company's best source of creative ideas for the nuts-and-bolts operating improvements that lead to operating excellence.
• B) Recruiting and retaining capable employees is an essential element of developing a distinctive competence.
• C) Recruiting and retaining capable employees is closely tied to developing strong information capital capabilities.
• D) It is very difficult for a company to competently execute its strategy and achieve operating excellence without a cadre of young managerial talent committed to staying with the company for at least a decade.
• E) In many industries,adding to a company's talent base and building intellectual capital is more important than having a good situational fit between the company's strategy and its external environment.

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Definitions:

Cumulative

Refers to the total amount accumulated over a period of time, often used to describe amounts of money or measurements that build up until a specific point is reached.

Par Value

The nominal or face value of a bond, stock, or coupon as stated by the issuer, which may differ from its market value.

Corporate Creditors

Entities or individuals that a company owes money to because of previous transactions or agreements involving goods, services, or loans.

Stockholders' Equity

The portion of the balance sheet that represents the capital received from investors in exchange for stock, plus retained earnings.