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Sydney Werner
on Nov 23, 2024

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What is the best recruiting and retention strategy given the company objective of "increase return on investment by offering innovative products and maintaining high margins"

A) best talent not likely to be looking so we will have to go get them
B) develop layoff plans
C) recruiting plans may call for preparation of lateral transfers
D) retain current talent as company grows
E) none of these are appropriate strategies

Innovative Products

New or significantly improved goods or services that introduce novel features or capabilities to the market.

High Margins

Situations where there is a significant difference between the cost of producing a good or service and its selling price, typically indicating a high profit potential.

Return On Investment

A measure used to evaluate the efficiency or profitability of an investment, calculated by dividing the net profit from the investment by its cost.

  • Realize the importance of coordinating recruitment operations with the broader business plans and intrinsic values of the firm.
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KH
Keorra HellamsNov 24, 2024
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