Which of the Following Activities Is Most Likely to Be

question 75

Multiple Choice

Which of the following activities is most likely to be outsourced by organizations?

• A)confidential activities
• B)HR strategy activities
• C)employee layoff activities
• D)rule-based activities

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Definitions:

Production Substitute

An alternative product or process that can be used in place of another in production, often to save costs or improve efficiency.

MR = MC

A principle in economics stating that profit maximization occurs when a firm's marginal revenue (MR) equals its marginal cost (MC) of production.

Profits Maximization

The process or strategy aimed at achieving the highest possible profit by a firm within a given period.

Imperfect Competition

All market structures except pure competition; includes monopoly, monopolistic competition, and oligopoly.