Which of the Following Is NOT an Approach Used by Organizations

question 17

Multiple Choice

Which of the following is NOT an approach used by organizations to try to lower labour costs?

• A) productivity enhancements
• B) outsourcing
• C) employee leasing
• D) employee development

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Definitions:

Hindsight Bias

The inclination to see events that have already occurred as being more predictable than they were before they took place.

Critical Thinking

Dedicated to an in-depth inspection and critique of a problem with the intent of deriving a verdict.

Overconfidence

Overconfidence is a cognitive bias in which a person's subjective confidence in their abilities or outcomes exceeds the objective accuracy of those assessments.

Hypothesis

A tentative explanation put forward based on minimal evidence, intended as a preliminary point for more detailed research.