Business Studies, asked by khansummiya72, 1 month ago

meaning of succession planning?​

Answers

Answered by jonesroymathew
1

Answer:

Succession planning is a strategy for passing on leadership roles.

Explanation:

for example the ownership of a company to an employee or group of employees. It is also known as "replacement planning," it ensures that businesses continue to run smoothly after a company's most important people move on to new opportunities.

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