Subcontracting and the Shifting of Work to Other Locations and Firms

question 76

True/False

Subcontracting and the shifting of work to other locations and firms outside the principal corporation is known as outsourcing.

Illustrate the importance of customer-oriented approaches in HRM, including defining customer needs and activities required to meet those needs.

Comprehend the measures of customer satisfaction in HRM and their implications for HR practices.

Explain the concepts of a high-performance work system and its distinction from traditional management practices.

Discuss the importance of recruitment and selection practices in achieving high organizational performance.

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Definitions:

Transportation Costs

Expenses incurred in moving goods from one location to another, including freight, fuel, and maintenance expenses.

Location Decision Methods

Techniques and processes used to determine the best geographic location for a business or facility based on various criteria.

Location Decision

Refers to the process of choosing a geographical location for a company's operations, considering factors like cost, accessibility, and proximity to suppliers or customers.

Parking and Access

The design and implementation of facilities and regulations for the parking of vehicles and the ease with which people can enter or approach a location.