If a Human Resources Manager Can Estimate the Probability That

question 110

Multiple Choice

If a Human Resources manager can estimate the probability that a certain percentage of employees will take advantage of a proposed benefit plan, the manager is operating under a condition of

• A) certainty.
• B) estimation.
• C) risk.
• D) uncertainty.
• E) rationalisation.

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Definitions:

Limited Partners

Individuals in a partnership who invest money but are not involved in day-to-day management, and whose liability is limited to the amount of their investment.

General Partnership

A business structure where two or more individuals agree to share in all assets, profits, and financial and legal liabilities of a venture.

Participating Investors

Individuals or entities that engage in funding ventures with the expectation of earning a return on their investment.

Liability

The state of being responsible for something, especially by law.