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What benefit does the enterprise get through the succession planning for managers? - Commerce

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Question

What benefit does the enterprise get through the succession planning for managers?

Options

  • Optimum utilisation of human resources

  • Competent personnel

  • Higher performance

  • Continuous survival and growth

MCQ
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Solution

Continuous survival and growth

Explanation:

Succession planning ensures that qualified and capable personnel are prepared to take on critical executive responsibilities. This allows the firm to continue working smoothly, ensuring its long-term survival and consistent growth.

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Chapter 10: Staffing - MULTIPLE CHOICE QUESTIONS [Page 315]

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C. B. Gupta Commerce Volume 2 [English] Class 12 ISC
Chapter 10 Staffing
MULTIPLE CHOICE QUESTIONS | Q 16. | Page 315
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