Asked by Eveleen Zapata on Apr 27, 2024

verifed

Verified

A company that implements a growth strategy is most likely to:

A) reduce its recruiting efforts.
B) downsize its workforce.
C) roll out early retirement offers and packages.
D) hire employees readily without additional work.

Growth Strategy

Focuses on growing and expanding the business. It can be pursued internally by opening additional locations or externally through mergers, joint ventures, or the acquisition of other businesses.

Recruiting Efforts

Activities and strategies employed by an organization to attract and hire suitable candidates for job openings.

Workforce

The collective group of individuals engaged in work within an organization or the labor market at large.

  • Understand the various growth, stability, and reduction strategies employed by companies and their implications on the workforce.
verifed

Verified Answer

GM
Gabriela MonserratMay 03, 2024
Final Answer :
D
Explanation :
A growth strategy typically involves expanding operations, entering new markets, or increasing production, which often requires hiring more employees to support these efforts. Therefore, companies implementing a growth strategy are more likely to hire readily to meet the increased demand and workload, rather than reducing their workforce or recruiting efforts.