David Owns a Small Architecture Firm with 75 Employees

question 17

Multiple Choice

David owns a small architecture firm with 75 employees. He wants to use a PEO to handle his firm's HR activities. David is in the process of investigating Assure Group, a PEO. Which of the following best supports the argument that David should use Assure Group?

• A)The Assure representative explains that the PEO has been in business for one year.
• B)The Assure representative does not ask David about his company's current HR policies.
• C)The Assure representative promises David that his company will see substantial savings.
• D)The Assure representative asks David many questions about his company's safety policies.

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Definitions:

Total Revenue

The overall amount of money generated by a firm from selling its goods or services before any costs or expenses are deducted.

Average Total Cost

The sum of fixed and variable production costs, divided by the total amount of goods produced.

Industry's Price

The general price level at which goods and services are bought and sold within a specific industry.

Output

The total amount of goods and services produced by a company, industry, or economy.