Which of the Following Dimensions of HRM Practices Involves Ensuring

question 9

Multiple Choice

Which of the following dimensions of HRM practices involves ensuring that HRM practices comply with federal,state,and local laws?

• A)Vision and mission of human resources
• B)Managing the human resource environment
• C)Acquiring and preparing human resources
• D)Compensating human resources
• E)Assessment and development of human resources

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Definitions:

Total Revenue

The total income that a company receives from its normal business activities, usually from the sale of goods and services to customers.

Inelastic Demand

A situation where the quantity demanded of a good or service changes little when its price changes.

Elastic Demand

A situation where the demand for a good or service significantly changes in response to changes in price.

Income Elastic

Describes a good or service for which demand changes significantly when consumer incomes change, indicating a strong connection between income level and purchasing behavior.