Which activities do human resource components perform?
A. Manage accounting data and financial processes within the enterprise with functions such as general ledger, accounts payable, accounts receivable, budgeting, and asset management.
B. Track employee information including payroll, benefits, compensation, and performance assessment and assume responsibility for compliance with the legal requirements of multiple jurisdictions and tax authorities.
C. Handle the various aspects of production planning and execution such as demand forecasting, production scheduling, job cost accounting, and quality control.
D. None of these
Answer: B
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Which statement is true about a product market?
A. The cost of labor does not affect the product market because it is an insignificant part of an organization's costs. B. Organizations in a product market must increase the cost of labor every quarter. C. Product-market considerations are of particular concern to a company when its customers place greater importance on product rather than price. D. Product markets typically place a lower limit on the pay an organization will offer its employees. E. Organizations in a product market are competing to serve the same customers.
______ specifies how an organization offers unique customer value.
a. Core competency b. Competitive advantage c. Critical success factor d. Resource opportunity
Process costing accumulates costs by processing departments rather than by individual jobs
Indicate whether the statement is true or false
Once the project is complete, tenure is granted to project managers.
Answer the following statement true (T) or false (F)