ABC Company Has a Strategy of Being a Low-Cost Provider

question 61

Multiple Choice

ABC Company has a strategy of being a low-cost provider of services and thus pays its employees a low wage rate. Which of the following is an example of an HR practice that would be in alignment with this strategy?

• A) a heavy investment in training
• B) recruitment at top educational institutions
• C) complex compensation plans such as profit sharing and stock options
• D) career planning sessions with employees
• E) ongoing recruitment activities

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Definitions:

Accounting Period

The specific time span for which financial information is reported, generally a quarter or a year.

Financial Statements

Reports that provide information about an entity's financial performance and position.

Intracompany Comparability

This term is not commonly used; it may refer to the ability to compare financial information within the same company across different periods or departments.