A policy of hiring and promoting people from within the company to top management positions does little to motivate employees to perform well.

Question

Quizplus · Accepted Answer

A policy of hiring and promoting people from within the company can actually motivate employees to perform well because they see that career growth and advancement opportunities are available to them. It can also create a sense of loyalty and commitment to the company. However, if the policy becomes too rigid or if there are no clear criteria or standards for promotions, it can lead to resentment and dissatisfaction among employees.

A Policy of Hiring and Promoting People from Within the Company