Javier Is Making a List of All the Functions His

question 54

Multiple Choice

Javier is making a list of all the functions his human resource management department provides.The list includes many services to the organization such as recruitment,selection,training,and performance appraisals.Javier is working on the ______ step of the HR Scorecard.

• A) identifying HR deliverables
• B) identifying HR system alignment
• C) aligning the system with company strategy
• D) identifying HR efficiency measures

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Definitions:

Marginal Product

The increase in output resulting from a one-unit increase in the use of a particular input, while holding other inputs constant.

Average Product

The output produced, on average, by each unit of a variable input, such as labor or capital, in the production process.

Total Product

Total product refers to the total quantity of output that a firm produces over a given period, typically in relation to varying levels of input.

Marginal Product

The additional output resulting from the use of one more unit of a production factor.