Scenario 1.5: HRM Challenges-Outsourcing

question 10

Multiple Choice

Scenario 1.5: HRM Challenges-Outsourcing
Over the past decade CIBC,BMO and RBC financial groups have outsourced some of their human resource services.Recently RBC has brought back several of their HR-related services in-house.
-Please refer to Scenario 1.5.How do these financial institutions outsource?

• A)by contracting outside the organization for work that was formerly done by internal employees
• B)by contracting work to another country that was formerly done by internal employees
• C)by using employment types such as part-time,temporary and fixed-term
• D)by hiring employees in ways other than the traditional full-time job

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Definitions:

Foreign Invasions

Acts of armed forces from one country entering into another country with the intention to conquer or occupy territories.

Renaissance Man

An individual who has wide interests and is expert in several areas, embodying the ideal of the Renaissance's cultural achievements.

Machiavelli

Niccolò Machiavelli, a Renaissance political philosopher from Florence, known for his work "The Prince," advocating for pragmatic and sometimes ruthless political leadership.

Benevolent Rulers

Leaders or monarchs who are known for their kindness and desire to promote the welfare of their people.