In Order to Map Its Employment Portfolio an Organization Must

question 54

Multiple Choice

In order to map its employment portfolio an organization must:

• A) define its financial position and then determine what employment arrangements it can afford.
• B) outsource all positions which require a unique combination of KSAs.
• C) must weigh the strategic value and uniqueness that each job brings to the organization to determine what type of employment relationship will be created.
• D) use contingent labor for all narrowly focused jobs since that is the more cost effective method.
• E) focus on building relational relationships in order to remain competitive.

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Definitions:

Services

Activities or functions that are offered either to meet the needs of customers or to support the operations of an organization, such as IT support, catering, and cleaning.

Minimum-Wage Acts

Laws that establish the lowest hourly wage that can legally be paid to workers.

Remuneration

Compensation or payment received for employment or services provided, including salary, wages, bonuses, and benefits.

Annual Salary

The total amount of money earned by an employee in a year from their job before deductions.