Sunny, a Human Resources Executive at FlyHi Inc

question 70

Multiple Choice

Sunny, a human resources executive at FlyHi Inc., is moving from a strategic role in the human resources department to an administrative role. Which of the following best describes the change in Sunny's role?

• A) Moving from processing legal paperwork to serving as a "champion" of employee concerns
• B) Moving from serving as a "champion" of employee concerns to helping define the strategy to manage human capital
• C) Moving from helping define the strategy to manage human capital to serving as a "champion" of employee concerns
• D) Moving from helping define the strategy to manage human capital to processing legal paperwork

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Definitions:

Marginal Utility

Marginal utility is the additional satisfaction or utility that a consumer derives from consuming one more unit of a good or service.

Marginal Utility

This term refers to the additional satisfaction or utility gained by consuming one more unit of a good or service.

Rational Consumer

An economic theory assumption that consumers make purchasing decisions based on their rational outlook, available information, and self-interest to maximize utility.

Income Effect

A change in the quantity demanded of a product that results from the change in real income (purchasing power) caused by a change in the product’s price.