________ Is the Term Used to Describe Those Functions That

question 86

Multiple Choice

________ is the term used to describe those functions that a firm can do as well or better than others. It performs these functions in-house, rather than outsourcing.

• A) Benchmarks
• B) Standard responsibilities
• C) Operational requirements
• D) Core competencies

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Definitions:

Bureau of Labor Statistics

An agency of the U.S. government tasked with gathering and interpreting statistics related to labor economics.

Employed Category

Refers to the classification of individuals in the labor market who are currently holding a job or are employed.

Paid Employees

Individuals who perform work or services for a company or an individual in exchange for compensation, typically in the form of wages or salaries.

Own Business

The act of establishing, owning, and managing a company or commercial enterprise.