Which of the Following Is Not a Major External Factor

question 55

Multiple Choice

Which of the following is not a major external factor that influences IHRM?

• A) The state of the economy
• B) Type of government
• C) Generally accepted practices of doing business
• D) Regulatory requirements

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Definitions:

New Ventures

Refers to newly established businesses or startups that aim to meet a marketplace need by developing a viable business model.

Initial Outlay

The initial capital investment required to start a project or investment, often encompassing costs beyond just the purchase price.

Subjective Benefits

Subjective benefits are intangible advantages or value perceived by individuals or organizations, often not directly measurable in monetary terms, such as brand reputation or employee satisfaction.

Initial Outlay

The upfront expenditure necessary to initiate a project or investment.