How Can Organizations Reduce Their HR Costs

question 13

Multiple Choice

How can organizations reduce their HR costs?

• A)use contingent workers whenever possible
• B)pay overtime only when necessary
• C)ensure that there are more than enough employees
• D)take a long-run planning approach to HR issues

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Definitions:

Social Obligation

The responsibility or duty of an individual or organization to act in the best interests of society at large, often beyond legal requirements.

Shareholders

Individuals or entities that own one or more shares of stock in a corporation, thus having a financial interest in the company's performance.

Legal Acts

Actions that are authorized, performed, or recognized by law or legislation and have legal effect or consequences.

Immoral

Actions or behavior that are considered to be wrong or unethical according to societal norms.