A functional strategy for becoming and remaining a successful organization is to
A) form a strategic alliance.
B) find and retain competent people.
C) get to market faster than others.
D) export products.

Question

Quizplus · Accepted Answer

Finding and retaining competent people is crucial for the success of any organization. Competent employees can bring innovation, efficiency, and productivity to the organization, which can help the organization stay ahead of its competitors. Moreover, by retaining competent people, an organization can avoid the cost and disruption of constantly replacing and training new employees. Ultimately, an organization's success is dependent on the quality of its workforce. Therefore, finding and retaining competent people is the best functional strategy for becoming and remaining a successful organization.

A Functional Strategy for Becoming and Remaining a Successful Organization