How can a firm mitigate the risk of an employee with specialized knowledge leaving the company while empowering other employees?

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Business Strategy MCQs

By forcing the employees to sign commitment letters even when not allowed by law

By suing the employees who leave

By requiring weekly updates to employee procedure manuals

By cross training employees on all aspects of their positions as well as by creating documentation of job processes

Answer

Correct Answer: By cross training employees on all aspects of their positions as well as by creating documentation of job processes

Explanation:

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