Increased Emphasis on HR Issues Becomes Especially Critical When Organizations

question 95

True/False

Increased emphasis on HR issues becomes especially critical when organizations consider global strategies, relocation of plants, product innovation plans, and so forth.

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Definitions:

Human Resource Management

The strategic approach to the effective management of people in a company or organization in a way that helps their business gain a competitive advantage.

Sales Discounts

Sales discounts are reductions in price offered to customers, typically to encourage prompt payment or bulk purchases.

Net Sales

The amount of sales generated by a company after deducting returns, allowances for damaged or missing goods, and any discounts allowed.

Perpetual Inventory System

An accounting methodology that records goods transactions immediately through the use of electronic systems, continuously updating inventory records.