Which of the Following Is NOT True Regarding HRM in Small

question 65

Multiple Choice

Which of the following is NOT true regarding HRM in small business operations?

• A)The owner-manager is often responsible for performing HRM activities.
• B)Small-business human resource departments are sometimes staffed with a full-time secretary.
• C)The owner-manager does not have to keep current with respect to legal issues because of the small size of the business.
• D)Small-business human resource departments are often staffed with one individual.
• E)Small-business human resource departments must achieve the same goals that a larger department achieves.

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Definitions:

Total Assets

The sum of all resources owned by an entity that are recognized as having economic value.

Net Income

The total profit of a business after all expenses and taxes have been deducted from total revenue.

Internal Growth Rate

The maximum rate at which a company can expand using only its own sources of funding without resorting to external financial options.