Which Term Refers to Formulating and Executing HR Policies and Practices

question 49

Multiple Choice

Which term refers to formulating and executing HR policies and practices that produce the employee competencies and behaviors a firm needs to achieve its strategic goals?

• A) talent management
• B) performance management
• C) organizational management
• D) strategic human resource management

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Definitions:

Assets

Economic resources owned by a business that are expected to benefit future operations.

Owner's Equity

The residual interest in the assets of a business after deducting liabilities; represents the owner's claim on the business assets.

Liabilities

Financial obligations a company owes to outside parties.

Assets

Resources owned or controlled by a business, which are expected to produce future economic benefits.