Bank of America Will Keep Hiring, Moynihan Says
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Business, Life Skills
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University
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is Bank of America's approach to managing headcount during financial crises?
They plan headcount by month for three years.
They immediately freeze hiring.
They increase headcount to boost morale.
They outsource jobs to other countries.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does Bank of America aim to increase efficiency in its workforce?
By hiring more employees than needed.
By using automation to handle repetitive tasks.
By reducing employee benefits.
By outsourcing all client interactions.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the result of Bank of America's headcount management strategy in terms of expenses?
Expenses have remained flat.
Expenses have decreased drastically.
Expenses are unpredictable.
Expenses have increased significantly.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the speaker say about the natural turnover at Bank of America?
It is not addressed by the company.
It leads to a decrease in company performance.
It is beneficial for society.
It is a sign of poor management.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does Bank of America ensure a strong workforce remains with the company?
By reducing the number of working hours.
By offering high salaries to all employees.
By frequently changing management.
By training employees and providing growth opportunities.
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