As the Human Resources Manager at Hayden Engineering and Manufacturing

question 46

Multiple Choice

As the human resources manager at Hayden Engineering and Manufacturing Corp, Kim had to find effective ways to reward high performing employees and boost their morale during an economic downturn. Which management function did Kim have to engage in?

• A)Planning
• B)Organizing
• C)Leading
• D)Controlling
• E)Evaluating

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Definitions:

Solvency

The ability of an entity to meet its long-term financial obligations and continue its operations indefinitely.

Leverage

Refers to the use of borrowed funds to finance the acquisition of assets, aiming to increase the returns to equity shareholders.

Return On Assets Ratio

A financial metric measuring how efficiently a company generates profit from its assets, calculated as net income divided by total assets.

Return On Common Shareholders' Equity Ratio

A financial metric that measures the profitability attributable to shareholders by comparing net income to common equity.