Carl, a partner at Bacrabs, an advertising agency, plans to open a branch of the agency in his hometown. He understands that the human resource (HR) requirements of the new branch would differ from that of its main office because of the differences in the nature and volume of work. Hence, he decides to examine what needs to be done in each position in the new branch according to the nature and volume of work. In the context of HR planning, which of the following concepts does this scenario best illustrate?
A. Internal recruitment
B. Management development
C. Employee selection
D. Job analysis
Answer: D
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The U-curve theory is associated with reentry shock
Indicate whether the statement is true or false.
Adens Corporation's relevant range of activity is 2,000 units to 6,000 units. When it produces and sells 4,000 units, its average costs per unit are as follows: AverageCost per UnitDirect materials$6.25Direct labor$2.80Variable manufacturing overhead$1.55Fixed manufacturing overhead$2.40Fixed selling expense$0.50Fixed administrative expense$0.40Sales commissions$1.00Variable administrative expense$0.50 If 5,000 units are sold, the total variable cost is closest to:
A. $77,000 B. $60,500 C. $53,000 D. $65,000
Firms use all of the following for reducing their exposure to commodity price movements EXCEPT ________
A) horizontal integration B) vertical integration C) long-term storage of inventory D) futures contracts
What is the name of a clause that is included in a policy that limits or eliminates the death benefit if the insured dies as a result of war or while serving in the military?
A Hazardous occupation B Military service or war C Limited D Aviation