A Company That Is Capital-Intensive

question 33

Multiple Choice

A company that is capital-intensive:

• A) has an altered fiscal strategy for overseas operations
• B) spends more on equipment than on labor
• C) makes better use of benchmarking than other types of business
• D) creates employment monopolies
• E) must engage in countertrading due to restrictive foreign legislature

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Definitions:

Staffing Needs

The requirements or demand for staff within an organization to perform necessary jobs and roles.

Standard Time

The established amount of time allowed for the completion of a specific task, based on average speed and efficiency.

Performance Rating Factor

A coefficient used to adjust a worker's observed time to establish a standard time for a specific task, taking into account differences in worker performance.

Labour Standards

refers to the set of regulations and criteria that determine the minimum safe and healthy conditions for workers in the workplace.