Which Is Not a Production Cost

question 1

Multiple Choice

Which is not a production cost?

• A)direct materials
• B)direct labour
• C)selling cost
• D)overhead

Describe the significance of strategic planning for organizations and its impact on competitive success.

Illustrate how Human Resource Management (HRM) strategies are designed to align with business strategies.

Recognize the importance of training and developing employees to enhance their skills and attitudes.

Explain the resource-based view of human resources and its implications for strategic HRM.

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Definitions:

Health Canada

The federal department responsible for helping Canadians maintain and improve their health, ensuring high standards of health care quality and accessibility.

Social justice

The principle of fair and just relations between the individual and society, measured by the distribution of wealth, opportunities for personal activity, and social privileges.

Equitable access

The principle of ensuring fair and impartial access to resources, services, and opportunities for all individuals, regardless of their background.

Allocation

The process of distributing resources or assigning tasks based on a plan or a set of priorities.