When a company decides on how to fill top executive positions, the process is called ________.

Question

Quizplus · Accepted Answer

Succession planning is the process of identifying and developing internal candidates to fill top executive positions in a company. It involves identifying potential candidates, assessing their skills and abilities, and providing developmental opportunities to prepare them for higher positions in the company. Employment planning is a broader process that includes identifying future hiring needs and developing strategies to attract and retain talent. Selection and testing are part of the process of hiring or promoting individuals into specific roles, rather than the overall process of filling top executive positions.

When a Company Decides on How to Fill Top Executive