Human Resource Management ________

question 72

Multiple Choice

Human resource management ________.

• A) comprises the concepts and techniques used to control people at work
• B) is the process of organizing work activities
• C) is the process of identifying countries with cheaper labor costs and relocating jobs to those countries
• D) refers to the practices and policies you need to carry out the personnel aspects of your management job, specifically, acquiring, training, appraising, rewarding, and providing a safe, ethical and fair environment for your company's employees

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Definitions:

Tax

Mandatory financial charges imposed by a government on individuals or entities to fund public expenditures.

Producer Surplus

The difference between the amount producers are willing to accept for a good or service and the actual amount they receive, due to higher market prices.

Tax

A compulsory financial charge or levy imposed by a governmental organization in order to fund various public expenditures.

Price Elasticities

The responsiveness of the quantity demanded or supplied of a good to a change in its price.