Additional Case 9.2 Martin, the Director of HR at Austin Designs, Is Meeting

question 19

Multiple Choice

Additional Case 9.2
Martin, the director of HR at Austin Designs, is meeting with the career development team. The firm's CEO has decided that the company needs to invest the time and effort into improving the direction and development phases of the current career development program; however, development funds are limited. The CEO and most of the executive management team are self-made professionals who believe strongly in individual responsibility. The organizational structure of Austin Designs is very flat. The company has a wide variety of jobs but few levels of high responsibility. Feedback from employees suggests that they don't know when promotional opportunities are available.
-Refer to Additional Case 9.2.Which of the following would be the best development tool for Austin Designs?

• A) Creating a coaching program
• B) Establishing a mentoring program
• C) Revising the performance appraisal system
• D) Establish a career resource center in the HR department

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Definitions:

Compounded Annually

The method of gaining interest on the original principal as well as on the interest accrued from prior periods, computed annually.

Eating Establishments

Businesses that serve food and beverages for consumption by the public, such as restaurants and cafes.

Operational

Referring to the day-to-day activities, processes, and functionalities of a business or organization.

Rate of Interest

The percentage of a sum of money charged for its use, typically expressed as an annual rate.