Examlex
Which of the following is an HRM function in an HRM audit?
Technological Advance
The development and application of innovative techniques, tools, or methods that enhance efficiency, productivity, or quality.
Production Possibilities Frontier
An illustration representing the optimal production capabilities for a pair of items, using specific resources and conditions.
Economic Growth
An increase in the production of goods and services in an economy over a period of time, indicating a rise in the standard of living.
Productive Efficiency
A situation where the economy or an enterprise is producing goods and services at the lowest possible cost.
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