Which Statement Best Describes the Difference Between HR Activities Versus

question 30

Multiple Choice

Which statement best describes the difference between HR activities versus HR practices?

• A) HR activities are described as the knowledge skills and abilities of the manager, whereas the HR practices ensure that organizational goals are met.
• B) HR practices must be externally aligned while HR activities must be internally aligned.
• C) HR practices are carried out using HR activities.
• D) HR practices are put in place first, then HR activities must be determined.
• E) HR activities could be called the "tools" of a manager, whereas HR practices could be referred to as an organization's "strategy."

Understand the significance of inventory management on financial ratios.

Comprehend the relationship between sales and receivables management.

Recognize the effect of asset management on company profitability and efficiency.

Understand the calculation and implications of profit margin ratios.

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Definitions:

Personal Projects

Individual pursuits or tasks that a person considers significant and undertakes to achieve personal goals.

Well-Formulated Goals

Objectives that are clearly defined, measurable, attainable, relevant, and time-bound, facilitating achievement and progress tracking.

Positive Illusions

Unrealistically favorable attitudes that people have towards themselves or to people that are close to them.

Goal-Setting

Involves the development of an action plan designed to motivate and guide a person or group toward achieving a specific objective.