Which of the Following Is NOT a Contribution Made by the HR

question 3

Multiple Choice

Which of the following is NOT a contribution made by the HR function to the achievement of competitive advantage?

• A) Building up the stock of human capital
• B) Maintaining a positive corporate reputation
• C) Setting appropriate departmental budgets
• D) Enhancing corporate social responsibility

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Definitions:

Moral Hazard

The situation where one party is more likely to take risks because they do not bear the full consequences of their actions, often seen in the insurance and financial industries.

Opportunity Costs

The value of the next best alternative foregone as the result of making a decision.

Health Care Market

The sector of an economy that provides medical services, pharmaceuticals, and health care equipment, involving patients, providers, and payers.

Hospital Performance Records

Documentation and data that detail the effectiveness, efficiency, and quality of care provided by a hospital.