Of the Following, Which Is NOT True Regarding Technological Implications

question 58

Multiple Choice

Of the following, which is NOT true regarding technological implications on human resource management?

• A)Companies based in the United States are far more likely to have at least some operations in other countries than in the past.
• B)The Internet, computers, and easy air travel have made it much easier for U.S. companies to conduct business in other countries.
• C)Technological advances have created what some call a "knowledge economy."
• D)The role of human resources and those who manage such resources has become less important in today's global economy.
• E)Corporate accountants and human resource managers now fulfill more strategic, knowledge-based functions.

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Definitions:

Total Manufacturing Costs

Sum of all costs directly involved in the manufacturing of a product, including raw materials, labor, and overhead expenses.

Direct Materials Used

The raw materials directly traced to the manufacturing of a product and included in its cost.

Actual Overhead

The actual incurred costs associated with running a production or operation, excluding direct materials and direct labor.

Cost of Goods Sold

Costs directly related to the manufacturing of goods a company sells, which cover materials and workforce expenses.