A Company's Strategy Is an Important Source of Information for Making

question 29

Multiple Choice

A company's strategy is an important source of information for making human resource decisions because:

• A) it provides a comprehensive picture of labor force trends and issues.
• B) it determines whether employee turnover should be reduced or encouraged.
• C) it generates an accurate description of the tasks performed in the company.
• D) it helps the company comply with laws and government regulations.

---

Definitions:

Indirect Labor

Workers or labor costs that support the production process but are not directly involved in the creation of the product.

Supplies

Items or materials used in the production process or in the operation of a business.

Fixed Overhead Volume

refers to the portion of fixed overhead costs that is associated with the production volume, used in calculating efficiency and profitability.

Standard Machine-Hours

A measure used in manufacturing to allocate costs to products based on the estimated number of hours the machinery is used.