Which of the Following Responsibilities Is Specifically Associated with the HR

question 81

Multiple Choice

Which of the following responsibilities is specifically associated with the HR function of support for strategy?

• A) temporary labor recruitment and record keeping
• B) human resource planning and forecasting
• C) wage and salary administration
• D) development of employee handbooks and company publications
• E) development of an HR information system

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Definitions:

Producer Surplus

The difference between the amount producers are willing to accept for a good or service versus how much they actually receive.

Price

The budgeted sum anticipated, imposed, or tendered in indemnity for something.

Surplus Amount

The excess quantity of a product that occurs when the supply of the product exceeds the demand for it at a given price.

Consumer Surplus

A measure of the difference between the total amount that consumers are willing and able to pay for a good or service versus the total amount that they actually do pay.