What Is One Responsibility of the Human Resources Manager

question 67

Multiple Choice

What is one responsibility of the human resources manager?

• A) giving advice and counsel
• B) balancing the organization's accounts
• C) ensuring the credit rating of the organization
• D) securing new markets

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Definitions:

Capital

Financial assets or the financial value of assets, such as funds held in deposit accounts and/or the physical factories, machinery and equipment used to produce goods.

Profit-Maximizing Amounts

The levels of output or operation at which a business achieves the highest possible profit, determined by analyzing costs and revenues.

Total Outlay

The total amount of money spent or investment made in acquiring an asset, completing a project, or pursuing an activity.

Marginal Revenue Product

measures the increase in revenue that results from the addition of one more unit of input while holding all other inputs constant.