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Sirius Corp, an automobile manufacturer in Texas, has a number of vacancies at lower management levels, which is important for the company's future development, and wants to fill the positions from within the company itself rather than recruit externally. The company plans to e-mail the job specifications to all employees and post the jobs on the company Web site.
-Which of the following, if true, will strengthen the company's decision?
Laissez-Faire Capitalism
Laissez-faire capitalism is an economic system where the government's intervention in business affairs is minimal, promoting a free-market environment where businesses operate with little to no regulation.
Economic Liberty
The freedom for individuals and businesses to operate and compete in a market with minimal government interference.
Economic Equality
A state within a society where individuals have equal access to wealth, opportunities, and resources, minimizing disparities.
Age Of 65
Often considered the traditional retirement age in many countries, representing a milestone when individuals may qualify for senior citizen benefits and pensions.
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