Which of the Following Is True About the Product Line

question 43

Multiple Choice

Which of the following is true about the product line administrative services and transactions?

• A)It deals with implementation of business plans and talent management.
• B)It emphasizes on knowing the business and exercising influence.
• C)It emphasizes on the knowledge of HR and of the business and competition.
• D)It contributes to the business strategy based on considerations of business capabilities.
• E)It deals with functions like compensation, hiring, and staffing.

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Definitions:

Consumer Goods

Items produced for personal consumption by the general public, including durable goods like vehicles and appliances, as well as non-durable goods such as food and beverages.

Business Firms

Organizations engaged in commercial, industrial, or professional activities, aiming to generate profits.

Production Possibilities Frontier

A graphical representation showing the maximum amount of two goods or services that can be produced within a given set of resources.

Recession

A brief spell of economic backslide, with a noted reduction in commerce and industrial production, usually spotted by a fallen GDP in two consecutive quarters.