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Which of the Following Activities Is NOT Associated with New

question 22

Multiple Choice

Which of the following activities is NOT associated with new product development?

Understand the significance and application of HR planning software to enhance workforce management.
Recognize the benefits and functionalities of HR mobile apps in improving HR services.
Grasp the concept and implications of big data in HRM.
Acknowledge the importance of effective data capture and database management in HRM.

Definitions:

Joint Venture

A business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task, project, or business activity.

Fair Value

The monetary return from asset divestiture or the financial responsibility for liability transfer occurring in an organized marketplace exchange at the valuation juncture.

Book Value

Book Value is the value of an asset as recorded on the company's balance sheet, representing the asset's cost minus accumulated depreciation or amortization.

Deferred Tax Asset

An accounting term used to describe a situation where a company has paid more taxes to the government than it has shown as an expense in its financial statements, which can be used to reduce future tax liability.

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