The Current Phase of HRM Is Ongoing

question 54

Multiple Choice

The current phase of HRM is ongoing.Current management thinking holds that

• A)the goals and aims of management must be achieved at all costs.
• B)employees are motivated primarily by compensation and benefits.
• C)social influences are no longer important to most employees.
• D)employees are quite similar in terms of the rewards they seek.
• E)employees are often the firm's best competitive advantage.

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Definitions:

Purchase Decision

The stage in the buying process where a consumer finalizes their choice among products or services and proceeds with the transaction.

Consumer Purchase Decision

The method in which people choose, buy, utilize, and discard products and services.

Preference Development

The process by which consumers or buyers develop a liking or selection for certain products or brands over others through marketing, experience, or information gathering.

Alternative Evaluation

The process of assessing the advantages and disadvantages of different options before making a purchasing decision.