Jassem Asked Ramzy About the Role of Human Resources in the Value

question 74

Multiple Choice

Jassem asked Ramzy about the role of human resources in the value chain management process. Ramzy replied, "Employees are the most important resource of any organization, so not surprisingly, employees play a vital role in value chain management. The three main human resource requirements for value chain management are flexible job design, an effective hiring process, and ________."

• A) goal compatible compensation plans
• B) a commitment to management by objectives (MBO)
• C) ongoing training
• D) an effective firing process

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Definitions:

Generational Cohort

A group of people born during the same period and who share similar cultural experiences, values, and characteristics, influencing their consumer behavior.

Generation Y

Also known as Millennials, the demographic cohort following Generation X, typically defined as individuals born from the early 1980s to the mid-1990s or early 2000s.

Metropolitan Statistical Area

A geographical region with a relatively high population density at its core and close economic ties throughout the area, often used for statistical purposes.

Urbanized Area

A geographic region characterized by high population density and vast human features in comparison to areas surrounding it, often including cities and towns.