Explain how a mentor can assist new employees.
What will be an ideal response?
When experienced people leave an organization, they will take decades of experience and knowledge and leave behind a huge gap in many organizations, especially those that have not created an effective exit strategy or prepared others to step into key roles and positions. Mentors are people who are well acquainted with the organization and its policies, politics, and processes. They are well connected (inside and outside the organization), communicate well, have the ability and desire to assist new employees (the protégé), and are capable and experienced. Therefore, through mentoring programs, they can assist new and young employees by sharing their knowledge and experiences with them.
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Which of the following would be considered an income statement component of performance plan?
A) expenditures B) marketing profits C) pricing D) asset turnover E) profitability metrics
A competition is inward oriented in which of the following types of competition?
A) product form competition and product category competition B) product form competition and generic competition C) product category competition and generic competition D) product category competition and budget competition
The future value of held-to-maturity debt securities reflects the economic opportunity cost of continuing to hold the securities
Indicate whether the statement is true or false
The defect rate for a product has historically been about 1.6%. What are the upper and lower control chart limits for a p-chart, if you wish to use a sample size of 100 and 3-sigma limits?
What will be an ideal response?