HR Policies Affect a Firm's Competitive Position in All of the Following

question 130

Multiple Choice

HR policies affect a firm's competitive position in all of the following ways EXCEPT by:

• A) improving quality.
• B) controlling costs.
• C) creating distinctive capabilities.
• D) developing mission statements.

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Definitions:

Opportunity Cost

The trade-off of not seizing the next most favorable opportunity when faced with a decision.

Economics Club

A group or organization often found in academic institutions, where members discuss economic theories, current events, and sometimes engage in related projects or competitions.

Accounting Club

An organization or group often found in academic settings that focuses on the study and discussion of accounting practices, career development, and networking for accounting students and professionals.

Marginal Analysis

An examination of the benefits and costs of an additional unit of production or activity to make better decisions.