The Ability to Utilize Processes And/or Materials in Multiple Applications

question 53

Multiple Choice

The ability to utilize processes and/or materials in multiple applications is referred to as economies of

• A)scale.
• B)production.
• C)strategy.
• D)scope.
• E)size.

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Definitions:

HR Analytics

The process of collecting and analyzing human resource data to improve HR and organizational decisions.

Evidence-Based Approach

The making of decisions based on the careful, explicit, and judicious use of the best available evidence from multiple sources.

HR Metrics

Quantifiable measures used to gauge HR performance and effectiveness in an organization.

Attitudes

Mental states or positions regarding an idea, object, or person, often influenced by an individual's feelings, beliefs, and behavioral tendencies.