1. Multiple Choice: What is the primary goal of strategic talent management? a) Cost reduction b) Employee retention c) Workforce diversification d) Increasing shareholder value Answer: b) Employee retention Rationale: The primary goal of strategic talent management is to retain top talent within the organization, as this leads to sustained competitive advantage. 2. True/False: A competency-based interview focuses solely on technical skills. Answer: False Rationale: Competency-based interviews assess a combination of technical skills, behaviors, and attitudes that contribute to an individual's ability to perform a job well.