For an HRM Function to Become Truly Strategic in Its

question 88

Multiple Choice

For an HRM function to become truly strategic in its orientation,it must

• A)not view itself as a separate business entity.
• B)base its strategies on serving external clients.
• C)focus on process-oriented rather than people-oriented concerns.
• D)adopt a customer-oriented approach.
• E)spend most of its time and efforts on transactional activities.

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Definitions:

Utility Function

An equation that quantifies the happiness or satisfaction obtained by a consumer from consuming different bundles of goods and services.

Income

The amount of money received, typically on a regular basis, for work or through investments.

Nuts

Edible kernels from a variety of plants, often characterized by high fat and protein content.

Utility Function

A mathematical expression that represents how different combinations of goods or services create levels of happiness or satisfaction for an individual or entity.