The Failure to Universally Adopt Many of HRM's Best Practices

question 91

Multiple Choice

The failure to universally adopt many of HRM's best practices can be attributed to all but which of the following factors?

• A) Resistance to change
• B) High expenses involved
• C) Political considerations
• D) Ignorance on the part of decision makers

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Definitions:

Pension Plan

A pension plan is a retirement plan that requires an employer to make contributions into a pool of funds set aside for a worker's future benefit.

Overfunded

A situation where a pension plan's assets exceed its liabilities, indicating that there are more than enough funds to meet future obligations.

Underfunded

A term referring to insufficient funding to meet future obligations or commitments.

Funding Requirements

The total amount of capital needed to support a business's operations, projects, or to fulfill other financial commitments.