HRM Refers to the Range of Activities That a Company

question 44

Multiple Choice

HRM refers to the range of activities that a company, whether solely domestic or thoroughly global, undertakes to ________.

• A)direct its strategy
• B)staff its operations
• C)improve its responsiveness
• D)integrate business functions

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Definitions:

Segment Margin

The amount of profit or loss generated by a particular segment of a business, after deducting direct expenses attributable to that segment.

Segmented Income Statement

An income statement that breaks down revenues, expenses, and profitability by segments, such as product line, service line, or geographical region.

Net Operating Income

The profit derived from a company's regular business operations, excluding deductions of interest and taxes.

Sales Territory

A specific geographical area or group of customers assigned to a salesperson or team for the purpose of marketing and selling products or services.