What Information Do Employees Rely on HRM to Help Them

question 113

Multiple Choice

What information do employees rely on HRM to help them understand?

• A) social and legal issues of organizational non-compliance
• B) how to apply HRM principles in the execution of their technical skills
• C) that managers are the key link between the employee and the customer
• D) how their performance will be measured

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Definitions:

Marginal Product

The additional output that is produced by adding one more unit of a certain input while holding other inputs constant.

Picture Framer

A professional or business specialized in enclosing pictures, photographs, or artwork in frames.

Law of Diminishing Returns

An economic principle stating that as investment in a particular area increases, the rate of profit from that investment, after a certain point, will begin to decrease, assuming all other variables are constant.

Short Run

A time period in economics during which at least one input is fixed while others are variable.