Nava Systems Inc

question 5

Multiple Choice

Nava Systems Inc.is initiating career development throughout the organization.Which of the following should be the major organizational objective of this initiative?

• A) To better inform the organization and the individuals about potential career paths within the firm
• B) To ensure that career development raises employee expectations about the organization to unrealistically high levels
• C) To restate and meet the past human resource needs of the organization
• D) To diminish the role of the human resource department in career development

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Definitions:

Marginal Cost

The additional expense faced by a business when its production volume is increased by a single unit.

Total Variable Cost

The aggregate of costs that vary in relation to the volume of output or activity, such as materials and labor expenses.

Total Fixed Cost

The sum of all costs that do not change with the level of output in the short term.

Overall Costs

The total expenses incurred in the production, operation, or realization of goods and services.