An Organization Contracting with an HR Consulting Firm to Manage

question 44

Multiple Choice

An organization contracting with an HR consulting firm to manage their payroll and benefits is an example of:

• A)benchmarking
• B)offshoring
• C)outsourcing
• D)open sourcing

Understand the concept and process of internal recruiting within organizations.

Identify the advantages and disadvantages of internal recruiting.

Comprehend the different criteria utilized in selecting potential employees.

Understand various organizational development techniques used to enhance performance.

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Definitions:

Contract Formality

Contract formality refers to the requisite legal formalities and procedures, such as written documentation or specific terms, necessary for a contract to be considered valid and enforceable.

Quasi Contract

A legal concept where courts impose a contract-like obligation on a party to prevent unjust enrichment, even though no real contract exists between the parties involved.

Oral Contract

An agreement between parties that is made through spoken words and is legally binding, although it may be difficult to prove.

Uniform Commercial Code

A comprehensive set of laws governing commercial transactions in the United States, intended to standardize legislation across states.