How Have HR Executives Taken a Greater Strategic Role in Organizations

question 85

Multiple Choice

How have HR executives taken a greater strategic role in organizations?

• A) they participate in the strategic planning process when time permits
• B) they rely on the CEO for direction
• C) they implement the organization's strategic plan
• D) they are actively involved in the organization's strategic planning process

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Definitions:

Operating Expenses

Ongoing expenses related to the operation of a business, excluding the costs of goods sold.

Average Operating Assets

The average value of the assets used by a business in its operational activities over a period of time, used to measure efficiency and profitability.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Tax Expense

The total amount of taxes a company incurs on its taxable income, including federal, state, and local taxes.