Scenario - Gregory Trout

question 40

Multiple Choice

Scenario - Gregory Trout
Gregory Trout has just received a memo explaining that because of his department's success with the newly developed TemperTool, his request for three new employees has been approved. Gregory now faces the challenge of working with the areas of human resource management in recruiting, selecting, training, and maintaining effective employees.
-In training employees for the new positions, Gregory will apply which human resource management goal?

• A) Implementing strategies
• B) Managing talent
• C) Maintaining an effective workforce
• D) Finding the right people
• E) Controlling strategies

---

Definitions:

Tax

A compulsory financial charge or some other type of levy imposed upon a taxpayer by a governmental organization.

Consumer Surplus

The imbalance between the total budget consumers are willing to allocate for a product or service and the actual spending.

Consumer Surplus

The separation between the ideal amount consumers are willing to spend on a service or product and their real expenditures.

Producer Surplus

The discrepancy between what producers are ready to take for a product or service and the real amount they get.