Why do organizations prefer to hire an employee from within the organization rather than from outside the organization?

Question

Quizplus · Accepted Answer

When an organization hires an employee from within the organization, it sends a message of reinforcement of employee loyalty and performance. Employees feel valued and motivated to perform better, which can lead to better productivity and morale. Moreover, internal promotions can save the organization time, money, and resources that would otherwise be invested in training and orientation for new hires from outside the organization.

Why Do Organizations Prefer to Hire an Employee from Within