Most succession planning is:
A) required for firms with federal contracts.
B) performed according to a formal system.
C) handled informally by most firms.
D) identical to promotability forecasting.

Question

Quizplus · Accepted Answer

Succession planning in most firms is handled informally, rather than through a formal system or specific requirements, such as those for firms with federal contracts. It is also distinct from promotability forecasting, which focuses more on identifying potential rather than planning for specific future roles.

Most Succession Planning Is