Chapter 2 - business and staffing strategies

Which of the following is compromised when retaining workers?

a regular infusion of new ideas and perspectives

what is talent philosophy

a system of beliefs about how its employees should be treated

To maximize an employer's investment in staffing, it should focus on the jobs that are critical to _____________.

obtain competitive advantage

Axis Auto tries to keep its operational spending as low as possible so that it can pass the savings on to customers in the form of lower prices. This is known as a ________ strategy.

cost-leadership

When viewing applicants and employees as investors, the goal is to ________.

give applicants and employees a return on their personal contributions to the organization

Hiring people who are entrepreneurial, creative, and have a high tolerance for ambiguity would support a ________ competitive advantage.

product innovation

Organizations relying on a cost-leadership strategy would have what type of talent philosophy?

viewing employees as assets