Employees usually have a strong preference for firms to use the internal managerial labor market when selecting top management team members and the CEO.

Name: Employees usually have a strong preference for firms to use the internal managerial labor market when selecting top management team members and the CEO.
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Question

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Employees often prefer internal promotions as it can lead to better morale, continuity, and recognition of their own career advancement opportunities within the company.

Employees Usually Have a Strong Preference for Firms to Use