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Challenges in managing human resources have evolved due to changing demographics affecting the workforce. Describe how demographic changes such as diversity, the aging population, worker expectations, ethics, and social responsibility affect the management of human resources.
Administrative Department
A division within a company responsible for overseeing and providing essential support services such as finance, HR, and clerical work.
Employee Hours
The total number of hours worked by all employees within a specific period, often used for productivity analysis and labor costing.
Direct Method
In cost accounting, a technique that allocates service department costs directly to producing departments without considering any services rendered between service departments.
Administrative Costs
All executive, organizational, and clerical costs associated with the general management of an organization rather than with manufacturing or selling.
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