Which of the Following Statements About Human Resource Management Opportunities

question 138

Multiple Choice

Which of the following statements about human resource management opportunities and challenges is most accurate?

• A)The age composition of the labour force is becoming younger.
• B)Workers are becoming less loyal to their firms,resulting in higher turnover.
• C)Workers are now demanding that more of their compensation be in wages and salaries and less in fringe benefits.
• D)The number of workers who have received training in high tech fields far exceeds the number of job openings in these areas.

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Definitions:

Marginal Costs

The financial outlay required to produce an additional unit of a product or service.

Cash Flows

The total amount of money being transferred into and out of a business, especially affecting liquidity.

Interest Rate

The percentage of a sum of money charged for its use, often expressed annually, affecting loans and savings.

Present Value

The current worth of a future sum of money or stream of cash flows given a specified rate of return.