Which of the Following Best Explains Why Human Resource Management

question 50

Multiple Choice

Which of the following best explains why human resource management is important to all managers?

• A)Technological changes and global competition require clear organization charts.
• B)Sophisticated accounting controls are supported by human resource managers.
• C)An enthusiastic labor force is likely to provide financial support to local unions.
• D)Investing in human capital enables managers to achieve positive results for the firm.

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Definitions:

Slope

In mathematics, the rate at which a line or curve inclines or declines, calculated as the ratio of the vertical change to the horizontal change between two points on the line.

Demand Curve

A graph showing the relationship between the price of a product and the quantity of the product that consumers are willing and able to purchase at various prices.

Quantity Demanded

The total amount of a good or service that consumers are willing and able to purchase at a specific price level within a certain period.

Income Response

The change in consumers' buying behavior resulting from a change in their income.