The internal labor market provides a large, diverse firm with the chance to make savings, by:
A)Developing senior managers with wide experience
B)Relying less on external recruitment consultants
C)Having first-hand knowledge of a large pool of internal recruits for transfer between businesses
D)All the above

Question

Quizplus · Accepted Answer

All of the above options provide opportunities for cost savings within a large, diverse firm. Developing senior managers with wide experience can reduce the need for external recruitment at more senior levels, relying less on external recruitment consultants can be a cost-saving measure, and having first-hand knowledge of a large pool of internal recruits for transfer between businesses can reduce the need for costly external hiring.

The Internal Labor Market Provides a Large, Diverse Firm with the Chance