In Order to Take Advantage of the High Quality Talent

question 39

Multiple Choice

In order to take advantage of the high quality talent pool,Ernst & Young sets up operations in the Philippines and moves part of its tax services to its new facility.Identify this strategy.

• A) outsourcing
• B) franchising
• C) offshoring
• D) importing
• E) liquidating

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Definitions:

Laying Off Employees

The act of temporarily or permanently removing employees from their positions, often due to economic downturns or organizational restructuring.

HR Forecasting Process

The process used by organizations to estimate their future human resources needs based on current data and trends, ensuring they have the right number of employees with the right skills.

Staffing Needs

The identification and evaluation of requirements for current and future personnel to meet the organizational objectives.

Skill Levels

Categories or gradations of competence or expertise required to perform tasks in jobs, ranging from low to high complexity.