According to a Report in Fast Company, a Major Reason

question 50

Multiple Choice

According to a report in Fast Company, a major reason why many human resource managers struggle to add value to their firm is that they:

• A)focus on revenue-earning products rather than on people.
• B)lack business acumen in addition to strategic skills.
• C)are in staff positions rather than line positions.
• D)do not have well-honed communications skills.

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Definitions:

Financing Needs

The requirement for funds to cover the startup, expansion, or operational activities of a business.

Supporting Detail

Additional information or data provided to back up or explain the main points in a report, proposal, or document.

Executive Bonuses

Additional financial compensation awarded to executives, often based on performance metrics.

Financial Statements

Reports that summarize the financial performance and position of a company, including the balance sheet, income statement, and cash flow statement.