The effective management of people is key to the creation of a competitive advantage and business strategy execution.

Question

Quizplus · Accepted Answer

Effective management of people is critical in ensuring that a company's workforce is aligned with its business strategy, enabling it to achieve its objectives and gain a competitive edge. A skilled and motivated workforce can improve productivity and efficiency, reduce costs, and drive innovation and growth, all of which can contribute to the attainment of a sustainable competitive advantage. Therefore, the statement is true.

The Effective Management of People Is Key to the Creation