Recruiting and retaining capable employees A. B) is important because the quality of an organization's people is always an essential ingredient of successful strategy execution—knowledgeable, engaged employees are a company's best source of creative ideas for the nuts-and-bolts operating improvements that lead to operating excellence. B. A) is usually much more important to good strategy execution than is assembling a capable top management team. C. D) is an important organization-building element, particularly when it comes to transforming a competence into a core competence or distinctive competence. D. C) is more important during periods of rapid growth than during periods of crisis and attempted turnarounds. E. E) is easily the most critical aspect in building competitively valuable core competencies and capabilities

Recruiting and retaining capable employees is important because the quality of an organization's people is always an essential ingredient of successful strategy execution—knowledgeable, engaged employees are a company's best source of creative ideas for the nuts-and-bolts operating improvements that lead to operating excellence(B)

Explanation:

Employees are the bedrock and most important resource in any organization. Having good and effective employees are capable to the growth and development of a firm.

Recruitment and retaining of effective and capable workers is vital because the quality of employees in an organization is an essential ingredient to accomplishment of organizational goals.

1   all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know