Bob, a Human Resources Executive at Axis Inc

question 82

Multiple Choice

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

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

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Definitions:

Strategic Behavior

Actions taken by firms or individuals that consider the anticipated responses or strategies of other market participants or competitors.

Oligopolistic

Pertaining to a market structure where a few firms dominate, allowing them to influence prices and other market outcomes.

Perfectly Competitive

Describing a market structure where many competitors offer identical products, and no single buyer or seller can influence the market price.

Monopolistic

Describing a market structure where there is only one or a few sellers, each offering a unique product.