Asked by Oppong Bright on Jun 05, 2024

verifed

Verified

In reference to succession plans,employees can trust organizations to provide lifetime job security.

Succession Plans

Strategies developed by an organization to ensure that it has a continuous supply of skilled and prepared personnel to fill key positions as they become vacant.

Lifetime Job Security

The concept of having guaranteed employment for the entire duration of one's working career, which has become increasingly rare.

  • Familiarize yourself with the comprehensive focus and objectives distinctive to succession management vis-à-vis replacement planning.
verifed

Verified Answer

AN
Andre NguemaJun 07, 2024
Final Answer :
False
Explanation :
Succession plans are designed to prepare for the unexpected departure of key employees and ensure a smooth transition of responsibilities. They do not necessarily provide lifetime job security for all employees.