Which Condition Is Most Likely to Encourage the Appointment of a Human

question 61

Multiple Choice

Which condition is most likely to encourage the appointment of a human resource manager?

• A) Labor turnover rate is low.
• B) Competition for personnel is low.
• C) Employees are represented by a union.
• D) The firm has grown to 35 employees.

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Definitions:

Necessity

A good or service that is considered essential for survival, such as food, shelter, and healthcare.

Income Elasticity

A measure of how much the demand for a good or service changes in response to a change in consumers' income.

Quantity Demanded

The aggregate quantity of a product or service that buyers are ready and capable of buying at a specific price point.

Changes

Variations or modifications that occur in any system, context, or entity over time.