Which human resource management strategy has the best chance of positively impacting firm performance for countries transitioning to market-based economies?

Question

Quizplus · Accepted Answer

Countries transitioning to market-based economies would benefit from investing in their employees. This strategy involves providing extensive training and development opportunities, offering competitive compensation and benefits packages, creating a positive workplace culture, and promoting work-life balance. By making these investments in their employees, firms can attract and retain top talent, increase productivity and efficiency, and improve their overall performance.

Which Human Resource Management Strategy Has the Best Chance of Positively