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crimeas [40]
3 years ago
9

An insurance company assesses all employees' current job skills and creates road maps for them outlining the competencies they n

eed to advance within the company. The company then makes sure they get the training they need, including coaching and mentoring, classroom training. This is an example of ________.
Business
2 answers:
Ymorist [56]3 years ago
8 0

Answer:

Succession management

Explanation:

The insurance company then makes sure its employees get the training they need, including coaching and mentoring, classroom training to advance within the company. This is an example of SUCCESSION MANAGEMENT.

Succession management is the continuous process of training employees to meet the objectives of the organization. It is used to prepare employees and Improve their competency to succeed in the organzation.

Succession management involves process of developing individuals in the organzation with the potential to advance in their skills. It ensures that workers are well equipped with the skills they need to move the organzation forward.

Succession management planning is the evaluation of the skills of workers in the organzation. It encourages staff development and encourages employees to remain in the organzation.

Zepler [3.9K]3 years ago
6 0

Answer:

Succession management

Explanation:

Succession management can be described as a process of identifying and training new individuals that will take on the role of new leaders. This is done inorder to replace the old leaders in the organisation when they eventually leave the company or retire.

Succession management is very essential because it helps to identify individuals that possess the right skills, experience and capabilities that is needed to move the organization to a higher level.

Succession management is very vital to ensure the continued success of the organization.

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Kellie wants to buy an expensive purse from a local accessory store. As a savvy consumer, Kellie wants to find an exact brand at
Deffense [45]

Answer:

An ONLINE TO OFFLINE STRATEGY

Explanation:

An online to offline strategy is a business strategy that is mostly utilized by some organizations to bring customers from the internet and many online platforms to come down to their physical shops and stores and make their purchases. It simply involves the ability to identify potential customers over the internet and other online platforms and then make judicious use of a lot of avenues, ways, and approaches through discounts and the likes to tempt or attract these identified potential buyers to now come over and buy from their stores and physical locations.

Now, Kellie who wants to find and buy the best brand at the right price can only be located and engaged through out her customer journey by an accessory store from the time she begins her research (online) to the time she would now make the actual purchase (offline) only if the store makes use of the ONLINE TO OFFLINE STRATEGY.

4 0
3 years ago
Read 2 more answers
You’ve just joined the investment banking firm of Dewey, Cheatum, and Howe. They’ve offered you two different salary arrangement
svetlana [45]

Answer:

$223,370

Explanation:

See attached file

7 0
3 years ago
_________ are used in place of writing checks. The amount you spend using this card will be deducted from your checking account.
vovangra [49]

Debit cards have replaced check writing in many ways. This is because debit cards, like checks, will take the money directly from your bank account. Unlike credit cards, you must have the money in your account for you to use your debit card. Credit cards allow you to "borrow" money and pay it back later.

7 0
3 years ago
Read 2 more answers
A stock's price fluctuations are approximately normally distributed with a mean of $104.50 and a standard deviation of $23.62. Y
denpristay [2]

Answer:

$ 74.23

Explanation:

We are given the following:

mean, μ = $ 104.50

standard deviation, σ = $ 23.62

Using the z-score table, we have

P(Z < z) = 10%  (since we are evaluating lowest 10% of values)

hence P(Z < z) = 0.10

P(Z < -1.282 ) = 0.10

z = -1.282  (this evaluates to 0.1 on the z-score table)

Using z-score formula,

x = z *σ + μ

substituting the values,

x =- - 1.282 * 23.62 + 104.50

= 74.23

The most for the stock is $ 74.23

6 0
3 years ago
Omega, Inc. is considering international expansion and wants to know if it is likely to command a high price for its fitness pro
baherus [9]

<u>Answer:</u> Option C

<u>Explanation:</u>

International expansion is a strategy where the organizations enter into global markets for the benefit of making quick profits and business development in new segments. Omega Inc can fix higher prices when their products provide a greater value to the customers in that foreign market.

In the other given situations the company cannot fix a higher price for the fitness products in foreign market. Other situations given are easily available products, low expected sales volume and low price of the competitors.

7 0
3 years ago
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