An Organization That Has a Strategic Orientation to Human Resource

question 74

Multiple Choice

An organization that has a strategic orientation to human resource management will:

• A)focus on short-term immediate needs rather than future needs.
• B)rely on proven approaches in designing and implementing policies and procedures.
• C)focus on responding to stated needs of the organization rather than predicting unstated needs.
• D)adapt to changing business needs through innovative programs and systems.

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Definitions:

Share Capital

The capital raised by a company through the issuance of shares, representing the sum of the par value of these shares.

Disclosure

A requirement by corporations to provide shareholders and the public with accurate financial information, revealing the full financial performance and risks of the firm.

Dividends

Payments made by a corporation to its shareholder members, usually derived from the company's profits.

AASB 101

An accounting standard issued by the Australian Accounting Standards Board that prescribes the basis for presentation of general purpose financial statements.