In 2005, Marrion International Chose a Human Resources Consulting Agency

question 54

Multiple Choice

In 2005, Marrion International chose a human resources consulting agency to handle its human resource needs for the next 7 years. This is an example of ________ outsourcing.

• A)network
• B)software
• C)business function
• D)application

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Definitions:

Production Possibilities Curve

Represents different combinations of two goods that can be produced with a given set of resources and technology, assuming efficient use of resources.

Domestic Output

The total value of all goods and services produced within the borders of a country within a specific period.

Before-Tax Household Income

The total income earned by all members of a household before any taxes are deducted.

Percent

A way to express a number as a fraction of 100, denoting proportions or ratios.