In Human Resources Management (HRM), "Buying" an Employee Means

question 38

Multiple Choice

In human resources management (HRM) , "buying" an employee means:

• A)hiring a person who doesn't yet have all the needed skills to fulfill the role but who can be trained to develop them.
• B)hiring a person who is willing to accept a lower cash compensation for the same job with the other job conditions remaining the same.
• C)hiring an employee who is willing to work from home and shall be paid half the salary than that paid to other employees.
• D)hiring an employee who has all the necessary skills and experience to fulfill the role from day one.
• E)hiring a worker who shall simultaneously hold two positions but shall be paid the salary for one, whichever is higher.

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Definitions:

First Processing Department

The initial stage in a manufacturing process where raw materials are prepared or initial work is done.

Conversion Costs

Costs incurred in the process of converting raw materials into finished goods, including labor and overhead expenses.

Equivalent Units

A concept in cost accounting used to allocate costs to partially completed units of product, making them comparable to fully completed units.

First Processing Department

The initial stage in a manufacturing process where raw materials start their transformation into final products.