What Percentage Is Typically Added to an HR Budget in Order

question 22

Multiple Choice

What percentage is typically added to an HR budget in order to regularly evaluate HR practices?

• A)5 percent
• B)10 percent
• C)15 percent
• D)20 percent

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Definitions:

Coordination

The organization and alignment of activities, tasks, and resources to achieve a specific goal or objective efficiently.

Divisional Managers

Managers responsible for overseeing specific divisions within an organization, focusing on its performance and outcomes.

Profit Centers

Divisions or segments within a company that are directly responsible for generating its profits by making their own revenue and controlling their costs.

Corporate Executives

Senior management officials within a corporation, responsible for making major corporate decisions.