Which of the Following Are Measures That an Employer Could

question 34

Multiple Choice

Which of the following are measures that an employer could pursue to increased efficiency:

• A) Utilizing same technology
• B) outsourcing
• C) union opposition
• D) increasing cost of productivity
• E) decreasing cost of labour

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Definitions:

Total Assets

The sum of everything an organization owns, both current and noncurrent, that can be used to generate value.

Income Statement

A report detailing a business's income, outgoings, and profit over a set period.

Financial Statement

A financial statement is a report that provides information regarding a company's financial performance and position, including its income statement, balance sheet, and cash flow statement.

Profit

The financial gain achieved when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes involved in sustaining the activity.