Examlex

Solved

Which of the Following Statements Is True of Nonroutine Cognitive

question 36

Multiple Choice

Which of the following statements is true of nonroutine cognitive skills?

Understand the influence of global and economic trends on HR practices and the strategic planning process.
Understand how economic climate influences HRM responsibilities.
Recognize the challenges and responsibilities HR faces concerning ethical and social issues within the organization.
Identify the critical factors in strategic planning and environmental scanning.

Definitions:

Wage Rate

The standard amount of compensation paid to an employee per unit of time for their labor or services.

Marginal Revenue Product

The additional revenue generated by employing one more unit of a factor, such as labor, keeping other factors constant.

Resource

An asset or input that is utilized in the production of goods and services, such as labor, capital, and raw materials.

Units

Basic quantities or measurements used to express a variable or to quantify the elements in an analysis.

Related Questions