A Key Component of This Strategic Approach to Human Resource

question 75

True/False

A key component of this strategic approach to human resource management is recognizing that managers need to spend more time on talent development.

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Definitions:

Contingent Liability

A potential financial obligation that may arise in the future, dependent on the outcome of a specific event.

Business Combination

A merger or acquisition in which separate companies come together to form a single entity, often to enjoy strategic advantages or to expand their market reach.

Group Accounts

Financial statements that combine the accounts of a parent company with those of its subsidiaries, presenting the financial position and results of operation of the group as a single economic entity.

Contingent Liability

A potential obligation that may arise depending on the outcome of a future event or set of circumstances.