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.

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Definitions:

Breach of Contract

The failure to perform any term of a contract, written or oral, without a legitimate legal excuse.

Implied Warranty

A legal assumption that a product will perform as expected according to the sale terms without being explicitly stated.

Agency Relationship

A fiduciary connection between two parties, where one (the agent) is authorized to act on behalf of the other (the principal) in dealings with third parties.

Occasion Photography

The professional service of capturing photos for specific events or occasions, such as weddings, birthdays, or corporate events.