Figure 3-2 A Company Usually Processes 20,000 Orders at a Total Cost

question 45

Multiple Choice

Figure 3-2
A company usually processes 20,000 orders at a total cost of $300,000. During the year, only 16,000 orders were processed.
-Refer to Figure 3-2. What is the cost of unused activity?

• A) $300,000
• B) $240,000
• C) $30
• D) $60,000

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Definitions:

HRP Model

Human Resource Planning Model; a strategic process used by organizations to align their human resource needs with their business goals.

Internal Fit

Refers to the alignment between an organization's human resources strategies, policies, and practices with its overall business strategy to create cohesiveness and enhance performance.

HR Practices

Activities and policies implemented by the human resources department to manage and support an organization's workforce, including hiring, training, performance management, and benefits administration.

Labour Shortage

A situation where there are insufficient qualified candidates available in the job market to fulfill the employment needs of employers.