Answer and Explanation:
The factors which needs to be evaluated in determining whether an organization uses a traditional or strategic approach to managing its HR are the Responsibility for HR, Focus area, Role of HR, HR Initiatives, Time Horizon, Control, Job Design, Key Investments and Accountability
The specific questions that need to be answered are:
How are information and resources allocated and managed?
Is the HR strategy understood by all the employees?
Is the mission and strategy integrated with the organization's goals and objectives?
These questions should be asked to the upper management personnel who make strategic decisions in the company.
Answer:
The correct answer is letter "C": accountants consider explicit costs only.
Explanation:
Explicit costs are those necessary for the operations of the company such as wages, rent or raw materials. Implicit costs are the opportunity costs companies as a result of giving up factors such as purchases or qualified employee hires.
<em>The </em>accounting profit<em> of a company is calculated by subtracting the explicit costs from the firm's total revenue. The </em>economic profit<em> is computed by subtracting the result of adding the explicit and implicit costs from the company's total revenue.</em>
Answer:
The correct answer would be Command Economic System.
Explanation:
Economic systems define the control of the government on the economic resources and the institutions of the country. There are four major economic systems. One is Traditional Economic System, other is Command Economic System, third one is Market Economic System and the fourth one is Mixed Economic System.
Command Economic System is an economic system in which the central powers are with the government. Government regulate the decisions of economy as well as of the institutions. In this type of economy, the government dictates the companies to do whatever the government says and thinks is the best for the country's economy.
So in this question, government thinks that the best way to overcome the trade deficit is to increase the exports of the Sedan cars at a competitive price in the international market without seeking any advice from the automobile manufacturers. This type of economic system is called the Command Economic System.
Answer: a. True
Explanation: A parallel test invovles bringing the recovery site to a state of operational readiness, but maintaining operations at the primary site
