In Which Area Must HR Managers Be Proficient in Order

question 55

Multiple Choice

In which area must HR managers be proficient in order to perform well in today's environment?

• A)leadership proficiencies
• B)learning proficiencies
• C)business proficiencies
• D)HR proficiencies
• E)all of the above

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Definitions:

Financial Advisors

Professionals who help individuals manage their finances by providing advice on money issues such as investments, insurance, mortgages, college savings, estate planning, taxes, and retirement.

Collateral

Assets that a borrower offers to a lender as security for a loan, which can be seized if the loan is not repaid according to the agreed upon terms.

Cash Flows

The full extent of money transactions processed by a business, considerably affecting its ability to liquidate assets.

Financial Assets

Assets that derive value because of a contractual claim, such as stocks, bonds, bank deposits, and other investments.