Which Statement Reflects a Recognition of Contingencies

question 54

Multiple Choice

Which statement reflects a recognition of contingencies?

• A)"We pay labourers by the hour and machinists with a piece rate system."
• B)"Our aim is to have the best benefits package in the nation."
• C)"Customer Service is Job 1."
• D)"After months of study we finally decided to go with a state-of-the-art management information system."
• E)"Our company policies ensure that every employee is treated equitably."

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Definitions:

Human Resources Supply

The availability of potential employees possessing the necessary skills and qualifications to meet an organization's labor demands.

External Agencies

Organizations or bodies outside of a company that provide specialized services, such as recruitment, marketing, or legal assistance.

HR Forecasting

The practice of predicting future human resources needs of an organization based on current data and trends.

Human Capital Stock

The accumulated skills, knowledge, experience, and abilities that the workforce possesses, which can contribute to an organization's performance and productivity.