Kenneth plans to retire in five years. He decides to train three of his managers to take over his job. He will decide which to choose in four years. What is Kenneth doing? A.
external recruitment
B.
training
C.
succession planning
D.
ethnocentric staffing
E.
educational recruitment

Many potential buyers value high-quality used cars at the full-information market price of € p1 and lemons at € p2. a limited number of potential sellers value high-quality cars at € v1 ≤ p1 and lemons at € v2 ≤ p2. everyone is risk neutral. the share of lemons among all the used cars that might be potentially sold is € θ . suppose that the buyers incur a transaction cost of $200 to purchase a car. this transaction cost is the value of their time to find a car. what is the equilibrium? is it possible that no cars are sold