In Order to Generate the Desired Workforce Skills,competencies,and Behaviors That

question 7

Multiple Choice

In order to generate the desired workforce skills,competencies,and behaviors that a firm needs to achieve its strategic goals,human resource management must first develop ________.

• A) HR tools
• B) HR strategies
• C) company norms
• D) employee cultures

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Definitions:

Pension Plan Assets

The resources set aside by a company to meet future pension obligations to retirees, usually in the form of investments.

Actuarial Assumptions

Hypothetical conditions used for projecting financial or insurance outcomes, involving demographic, economic, and other factors.

Prior Service Cost

The cost associated with the increase in pension benefits related to years of service credited in a pension plan amendment.

Straight-Line Basis

A method of calculating depreciation and amortization by evenly spreading the cost of an asset over its useful life.