When Estimating the Cost of a Contract Proposal, Which of the Following

question 79

Multiple Choice

When estimating the cost of a contract proposal, which of the following is not likely to be an important consideration?

• A) Future staffing levels
• B) Employee seniority
• C) Opinions of union members
• D) Labor market trends

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Definitions:

Maslow's Theory

A psychological theory proposed by Abraham Maslow that suggests human needs are arranged in a hierarchy, with basic needs at the bottom and self-actualization at the top.

Human Needs

The basic requirements necessary for individuals to survive and thrive, including food, water, shelter, safety, belonging, and self-esteem.

Higher Levels

A phase or degree that is above average or standard, often referring to advanced stages or positions of authority within an organization.

Human Resources Management

A function within organizations focused on recruiting, managing, and directing people who work in it.