Why Does Effective Management of Human Resources Provide a Firm

question 84

Multiple Choice

Why does effective management of human resources provide a firm with competitive advantage?

• A) because it is financially cheaper to acquire people versus other resources
• B) because people help to accelerate the use of technology
• C) because it is difficult to replicate how we manage people in organizations
• D) because it is easier to manage people versus other resources

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Definitions:

Situational Factors

External influences that affect an individual's behavior or decision-making process, often considered in marketing to understand consumer behavior in different contexts.

Span of Control

The number of subordinates that a manager or supervisor can directly control, influencing the complexity and structure of the organization.

Subordinate Expectations

The anticipations or beliefs subordinates have regarding their role, performance outcomes, or interactions within an organization.

Mechanistic

Describing a system or process that operates in a rigid and structured manner, often compared to machinery.