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:

Personal Income

The total amount of income received by an individual from all sources, including wages, salaries, investments, and other earnings.

Income Distribution

The way in which total income is shared among individuals or groups of people in an economy.

Economic Pie

A metaphorical representation of the total amount of wealth or resources available within an economy, with its distribution among individuals or groups being a central economic concern.