Recruiting and Retaining Capable Employees

question 110

Multiple Choice

Recruiting and retaining capable employees

• A)is usually much more important to good strategy execution than is assembling a capable top management team.
• B)is important because 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.
• C)is more important during periods of rapid growth than during periods of crisis and attempted turnarounds.
• D)is an important organization-building element,particularly when it comes to transforming a competence into a core competence or distinctive competence.
• E)is easily the most critical aspect in building competitively valuable core competencies and capabilities.

---

Definitions:

Revenue Management Tactic

Strategies used by companies to optimize their financial performance by forecasting demand and adjusting prices or availability accordingly.

Sales Pitch

A persuasive speech that aims to convince the audience to buy a product or service by highlighting its benefits.

Revenue Management Tactics

Strategies used to sell the right product to the right customer at the right time for the right price, maximizing revenue.

Negative Perception

An unfavorable or adverse view that individuals or groups hold, often based on experiences or assumptions.