Which of the Following Is an Important Step in Human

question 46

Multiple Choice

Which of the following is an important step in human resources planning?

• A) assessing the organizational strategic plan
• B) formulating strategy
• C) developing global awareness
• D) surveying employees

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Definitions:

Direct Materials Used

The raw materials that are directly incorporated into a finished product and can easily be traced to it.

Balance Sheet

A financial statement that presents a company's assets, liabilities, and shareholders' equity at a specific point in time, showing its financial position.

Cost of Goods Sold

The expenses directly linked to the creation of a company's sold products, comprising both materials and labor.

Factory Rent

Refers to the cost incurred for renting a facility or space for manufacturing operations, a common type of fixed expense for manufacturers.