Answer the Following Questions Using the Information Below:
the Frontive

question 23

Multiple Choice

Answer the following questions using the information below:
The Frontive Company has assembled the following data pertaining to certain costs that cannot be easily identified as either fixed or variable. Frontive Company has heard about a method of measuring cost functions called the high-low method and has decided to use it in this situation.
$\begin{array}{rr}\text { Cost}&\text { Hours }\\\$ 24,700 & 5,000 \\26,000 & 5,500 \\34,000 & 7,500 \\45,370 & 10,300 \\38,000 & 9,500\end{array}$
-What is the cost function?

• A) y = $45,370 + $4.19X
• B) y = $24,700 + $4.40X
• C) y = $34,000 + $4.94X
• D) y = $5,200 + $3.90X

Recognize strategies to address workforce aging and retirement.

Understand the approaches to lower labor costs and their impacts on organizations.

Grasp the concept of offshoring and its implications for HRM.

Understand the role and competencies of HR professionals in building skilled workforces.

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Definitions:

Reinforcements

In psychology, any event that strengthens or increases the behavior it follows.

Consequences

The results or effects of actions, which can influence future behavior, particularly in the realm of psychology and behaviorism.

Organism

A living individual biological entity capable of growing, reproducing, reacting to external stimuli, and, in many cases, moving.

Oedipus Complex

A theory in psychoanalytic psychology that describes a child's feelings of desire for the opposite-sex parent and jealousy towards the same-sex parent.