Which of the following statements is true of human resources (HR) departments?
A. Reports suggest that most HR professionals have excellent strategic skills.
B. Most employees view the HR department as extremely critical to the functioning of the organization.
C. Respected HR departments typically do not quantify their impact on the company in dollars and cents.
D. Effective HR people remain open to exceptions even as they enforce broad company policies.
Answer: D
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A reason that equity earnings create a problem in analyzing profitability is that equity earnings are:
a. usually greater than the related cash flow. b. less than dividends declared. c. more than dividends declared. d. extraordinary. e. nonrecurring.
Sarah has decided to include a timetable in a proposal she is writing. She will most likely place it in the ________
A) introduction B) proposal section C) budget section D) authorization section
A contract formed by performance of actions requested by another party is:
a. a voidable contract b. a contract with a promissory estoppel clause c. a pre-textual agreement d. a parol evidence contract e. none of the other choices
Answer the following statements true (T) or false (F)
1. Immediate access to capital markets allows greater risk-taking capability. 2. Working capital management primarily involves long-term planning. 3. The aggressive financing plan involves utilizing long-term financing for permanent and temporary current assets. 4. Expected value analysis requires taking the difference between the actual projected outcome and the historic outcome times its probability and then summing these totals. 5. Expected value analysis involves assigning "weights" to various expected future profit outcomes by their respective probabilities of occurrence.