Which of the Following Is a Benefit an Organization Receives

question 11

Multiple Choice

Which of the following is a benefit an organization receives when employees engage in career self-management?

• A) Human resource management costs are completely eliminated.
• B) The organization will be able to retain highly skilled and flexible employees.
• C) Managers are freed from the responsibility of career counseling.
• D) The organization will no longer be responsible for employees' career paths.

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Definitions:

Borrowing Rate

The interest rate that a financial institution charges a borrower for the use of money.

Principal

The original sum of money borrowed in a loan, or the amount of the loan that has yet to be repaid, excluding interest.

Annual Payments

Regular payments made yearly, often referring to the interest or dividends paid by bonds or stocks.

Compounded Annually

This term refers to the process of calculating interest on both the initial principal and the accumulated interest from previous periods, with the compounding occurring once per year.