Trevor,the Human Resource Manager at XTech,is Advising the Company's Business

question 87

Multiple Choice

Trevor,the human resource manager at XTech,is advising the company's business executives that paying more for labor than competitors can support the company's strategy.Under what conditions might Trevor's idea be most valid?

• A) XTech pays more to attract top talent,applying employees' knowledge to be more innovative than competitors.
• B) XTech intends to charge more for than competitors for the same kinds of products.
• C) XTech hopes other companies will eventually match XTech's pay scale.
• D) Labor costs are a large part of XTech's total costs.
• E) XTech is developing a low-price strategy that will generate more sales.

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Definitions:

Trade Receivables

Trade receivables are amounts owed to a business by its customers resulting from the sale of goods or services on credit.

Sales Transactions

These are dealings or agreements carried out between two parties, where goods or services are exchanged for money or other considerations.

Interest Calculation

A method used to determine the amount of interest owed or earned over time, based on the principal amount, the rate of interest, and the period over which it is calculated.

Service Performed

The completion of an awaited task or the provision of work for customers as part of a contractual agreement.