Do some research on the internal assessment and development system of a Fortune 500 Company of your choosing and answer the following questions: 1. What are the firm's internal assessment goals? 2....

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Table of Contents
1. What are the firm's internal assessment goals?    2
2. What internal assessment methods or tools do they use?    2
3. How important is succession planning to them?    3
4. Comment on the effectiveness of their succession management system.    3
References    4
Apple Inc. is one of the most popular company also listed under fortune 500 companies (Fortune.com, 2020). Given questions will be answered with respect to Apple Inc.
1. What are the firm's internal assessment goals?
Apple always segmented its products as a “premium brand”, moreover, apple's products follow principles of monopoly products as well. As the company always believes in innovation, therefore, they also believe in hiring creative and innovative employees. Through internal assessment Apple inc. determine the best-fit employees for the respective job profile. As the company involves a wide range of products, therefore, they hire people for different job profiles. The company’s internal assessment is also done to identify how feasible existing employees to fit into other jobs as well.
2. What internal assessment methods or tools do they use?
The internal assessment tool used by Apple Inc. is called the "Core competency tool". A "Core competency" tool helps organizations to determine how employees have been professionally...