Answer to Question 1
Answer: Talent management is a strategic endeavor to optimize the use of human capital, which enables an organization to drive short- and long-term results by building culture, engagement, capability, and capacity through integrated talent acquisition, development, and deployment processes that are aligned to business goals. Six key components of talent management include recruitment, compensation and rewards, performance management, succession management, engagement and retention, and leadership development. Talent management attempts to ensure that the right person is in the right job at the right time.
Answer to Question 2
Answer: TRUE
