Which of the Following Statements About Human Resource Management Opportunities

question 182

Multiple Choice

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

• A)Shifts in the economy have led to a huge pool of skilled and unskilled workers from declining industries that are either unemployed or are underemployed.
• B)Workers now would rather have more income rather than more leisure.Therefore,many employees now want to work more than 40 hours per week.
• C)So many people have sought training in high tech areas such as biotechnology and computers that there is likely to be a huge surplus of labour in high tech industries.
• D)Workers now desire more stability and predictability in their careers,so they now give their employers more loyalty and expect more loyalty from their employers in return.

Analyze the role of personal and position power in leadership effectiveness.

Understand the dynamics of resistance and compliance in response to influence attempts.

Evaluate the factors contributing to the effectiveness of influence tactics.

Describe the concept of referent power and its impact on influence processes.

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Definitions:

Cash Balance

The amount of cash a company has available at any given time, including bank balances and cash on hand.

Opportunity Cost

The cost of foregoing the next best alternative when making a decision. It represents the benefits that could have been received but were given up to take another course of action.

Cash Balance

The amount of cash a company or individual has available at any given time, reflecting liquidity.

Average Daily Receipts

This metric calculates the average amount of money received by a company on a daily basis over a specific period.