_____ Refers to the Broad Spectrum of HR Activities Involved

question 52

Multiple Choice

_____ refers to the broad spectrum of HR activities involved in obtaining and managing the organization's human resources.

• A)Human resource development
• B)Human resource research
• C)Talent management
• D)Employee and labor relations

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Definitions:

Creative Destruction

A concept in economics introduced by Joseph Schumpeter, referring to the process where outdated or obsolete products, services, and technologies are replaced by innovative and more efficient ones, driving economic progress.

Destroyed Industries

Sectors or markets that have suffered severe disruption or collapse, often due to technological changes, market shifts, or external disruptions.

Purely Competitive Industries

Industries in which numerous small firms compete against each other, selling identical or very similar products, and where no single firm can influence market prices.

Innovate

The process of creating new ideas, products, or methods, often resulting in improved efficiency, effectiveness, or competitive advantage.