Which of the Following Is a Way for Firms to Deal

question 88

Multiple Choice

Which of the following is a way for firms to deal with a human resource surplus?

• A) float and transfer
• B) overtime
• C) outsourcing
• D) job sharing
• E) contracting out the work

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Definitions:

Automatic Insertion Machine

Machinery used in manufacturing processes to automatically place components onto printed circuit boards or into other assembly units.

Average Rate of Return

A financial ratio used to evaluate the profitability of an investment, calculated by dividing the average annual profit by the initial investment cost, typically expressed as a percentage.

Straight-Line Depreciation

A strategy for apportioning the cost of a concrete asset into equal yearly sums throughout its serviceable life.

Net Income

The total profit of a company after all expenses, including taxes and operating costs, have been deducted from total revenue.