How Can Organizations Reduce Their HR Costs

question 17

Multiple Choice

How can organizations reduce their HR costs?

• A) if they use contingent workers whenever possible
• B) if they pay overtime only when necessary
• C) if they ensure that there are more than enough employees
• D) if they take a long-run planning approach to HR issues

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Definitions:

Achievement

The accomplishment or attainment of personal goals, often recognized by success or honors.

Industrial Revolution

A period of major industrialization that took place during the late 1700s and early 1800s, leading to significant changes in technology, economics, and society.

Stratification

The arrangement or classification of society into different layers or classes based on factors like wealth, income, race, education, and power.

1700s

The 1700s, or the 18th century, was a period marked by significant political, cultural, and scientific developments, including the Enlightenment and the start of the Industrial Revolution.