The role of hr professionals in organizations has evolved from primarily a(n) ________ role into more of a strategic role within the organization.

Answers

Answer 1

The role of HR professionals in organizations has evolved from primarily a(n) Administrative and Compliance role into more of a strategic role within the organization.

Administrative Role of HR professional in an organization are:-

Framing and keeping up with representative records.

Refreshing data sets inside, for example, wiped out and maternity leave.

Getting ready and changing where vital HR records, for example, business agreements and enlistment guides.

Inspecting and re-establishing organization strategies and lawful consistence.

Speaking with outside accomplices.

Compliance role of HR Professional is the responsibility of the business to adhere to the functioning guidelines set out by work regulation. Further, this influences the frameworks, strategies as well as documentation.

Additionally, it suggests that the representatives should get all qualifications in their business contract.

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Related Questions

The new york stock exchange, where financial investors buy and sell existing stock, is an example of _______.

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The new york stock exchange, where financial investors buy and sell existing stock, is an example of the secondary market.

A market is a composition of structures, institutions, approaches, social family members or infrastructures whereby parties interact in trade. at the same time as events can also alternate goods and offerings by way of barter, most markets depend upon dealers imparting their goods or offerings to shoppers in exchange for money.

A marketplace is an area wherein consumers and sellers can meet to facilitate the alternate or transaction of goods and offerings. Markets may be bodily like a retail outlet, or virtual like an e-store. other examples include illegal markets, public sale markets, and financial markets.

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As disposable income rises so does consumption, but not by the full amount because the marginal propensity to consume is:_____.

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As disposable income rises so does consumption, but not by the full amount because the marginal propensity to consume is: less than 1.

What happens when marginal propensity to consume increases?

In Keynesian macroeconomic theory, the marginal propensity to consume is a important  variable in showing the multiplier effect of economic responsive spending. Specifically, it suggests that a increase  in government spending will improve consumer income, and in turn, consumer expenses will rise.

What causes marginal propensity to consume to increase?

In economics, the marginal propensity to consume (MPC) is a metric that quantifies induced consumption, the concept that the boost  in personal consumer expenses  (consumption) occurs with an improve in disposable income (income after taxes and transfers)

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On july 1, bill's construction paid six months' insurance in advance. the journal entry to record this transaction is?

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Bill's construction made a six-month advance payment on insurance on July 1. Debit Prepaid Insurance; credit Cash is the journal entry needed to document this transaction.

Prepaid insurance is a word that describes payments made up front for insurance services or coverage by both individuals and corporations to their insurers. In most cases, premiums are paid a full year in advance, but they occasionally may extend beyond a full year. These payments appear on the balance sheet of an insurance business if they have not yet been used up or have not yet expired. as an ongoing asset.

Prepaid insurance is a sort of account.

Prepaid insurance is categorized as a company asset and is shown as an asset account on the balance sheet's left side. Similar to money in a bank, the cost of insurance is paid, and as the insurance is "used up" over the course of each month or accounting period, money is withdrawn from the account.

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What are the benefits to apple of outsourcing the assembly of the iphone to foreign countries, and particularly china? what are the potential costs and risks to apple?

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Because labor costs and the cost of producing parts are low in China, Apple can produce iPhones at a substantially lower cost thanks to outsourcing. Phone usage will rise as a result of the lower phone prices.

What are the benefits of Apple outsourcing to China?

Apple is most at home in China.

The main factor in Apple's choice to outsource its manufacturing to China is who can produce the most Apple goods in the quickest length of time. This also implied that China may continue to be versatile and quick to meet Apple's requirements.

Who benefits from Apple's decision to outsource assembly to China?

The Chinese people themselves would be one group of recipients. Low-wage earners who might not otherwise have jobs now have them thanks to Apple.

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An underdeveloped economy in which communities use simple tools and traditional methods to harvest and hunt for food is called a(n)?

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A(n) Traditional System is a term used to describe an underdeveloped economy in which communities harvest and hunt for food using basic tools and conventional techniques.

Describe the conventional economy.

Tradition, history, and long-held ideas serve as the foundation of a traditional economic system. Traditions, practices, and beliefs play a significant role in the production of goods and services in a traditional economy, as well as in the distribution of those commodities and services.

These types of economies are frequently seen in rural, agrarian nations. A traditional economy, also referred to as a subsistence economy, is characterized by trading and bartering. A small amount of surplus is created, and if any extra products are manufactured, they are usually donated to a ruling body or landowner.

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A man deposits $ 72,400 into a bank, which pays 12% interest that is compounded quarterly. What will he have in his account at the end of five years?

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The amount he will  have in his account at the end of five years is $130,762.45

What is the value of the amount he would have in 5 years?

The amount he would have in the account at the end of 5 years is the future value of the initial deposit of $72,400, in other words, the initial deposit plus the interest on principal and interest on earlier interest earned over the period of 5 years, which can be computed using the future value formula shown below:

FV=PV*(1+r/m)^(m*n)

FV=accumulated balance after 5 years=unknown

PV=initial deposit=$ 72,400

r/m=quarterly interest rate=12%/4=0.03

m=number of quarterly periods in a year=4

n=number of years that the deposit would last=5

m*n=4*5=20

FV=$72,400*(1+0.03)^20

FV=$130,762.45

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An effective capital allocation process:____.
a. promotes productivity.
b. encourages innovation.
c. provides an efficient market for buying and selling securities.
d. all of these choices are correct.

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An effective capital allocation process promotes productivity, encourages innovation and provides an efficient market for buying and selling securities. Hence, option D is correct.

What is capital allocation?

Capital allocation entails the distribution, re-distribution, and investment of financial resources to maximize stakeholder returns. A strategic financial decision made by the chief executive.

Cash flow from operations, philanthropy, and external debt are the three sources of capital utilized in the entire capital allocation and management process of not-for-profit organizations.

Thus, option D is correct.

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Internet access ______ the opportunity cost of producing education and news ______.

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Internet access lowers the opportunity cost of producing education and news if it expands the production possibilities of education and news by more than it expands the production possibilities of other goods and services.

What is internet?

The internet is a system of interconnected networks that allows for international communication and access to data resources via a huge number of private, public, business, academic, and governmental networks. Governmental organizations that create common protocols, such as the Internet Assigned Numbers Authority (or IANA), are in charge of it.

Although the terms "internet" and "World Wide Web" are frequently used interchangeably, they do not exactly mean the same thing. The internet refers to the technology and infrastructure of the global communication system, while the web is one of the services provided through the internet.

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If actual production totals 8,200 units, the flexible budget would show net income of?

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A flexible budget is one that adapts to a company's activity or volume levels. A flexible budget continuously "flexes" with a business's variations in costs, as opposed to a static budget, which remains fixed at the numbers decided upon when the budget was produced.

Budget flexibility = Fixed Cost plus (actual unit of activity x variable cost per unit of activity)

A flexible budget is simple to adjust in response to changes in the volume of production and sales. Performance measurement and evaluation are made easier with a flexible budget. It takes into consideration changes in activity volume. For control, a flexible budget is preferable to a static one.

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Which of the following describes what is identified by a supply schedule?

a How much suppliers will profit at various prices

b How much consumers will save at various supply levels

c How much suppliers will raise prices as production varies

d How much of a product suppliers will produce at various prices

Answers

What is identified in a supply schedule is how much of a product suppliers will produce at various prices (option D).

What is a supply schedule?

A supply schedule is a table that shows the price and quantity supplied of suppliers. It shows the total number of goods that would be supplied at various prices.

There is a positive relationship between price and the quantity supplied. This is because as price increases, there would be an increase in the quantity supplied. When price declines, there would be a decrease in the quantity supplied. This explains why the supply curve is positively sloped.

The supply schedule can be an individual schedule or a market schedule. When its an individual schedule, it contains information on only one supplier. If it is a market schedule, it aggregates the information of all the suppliers in the market.

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According to the video, what are common tasks performed by nursery and greenhouse managers? select three options. performing scientific experiments hiring and training new workers teaching classes about plant care supervising the placement of plant stock performing safety inspections supervising nursery workers

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The 3 common tasks performed by nursery and greenhouse managers are:

hiring and training new workers, teaching classes about plant care, supervising the placement of plant stock.

What is a greenhouse manager?

The everyday activities involved in running a greenhouse or nursery are the responsibility of greenhouse managers. You might conduct business with the general public or with other businesses, depending on the business's structure.

Greenhouses can be used to grow plants for sale or to produce food. The different stages of plant life and potential diseases must be understood by managers.

The following subjects in high school are advised: agricultural education, arithmetic, and a concentration in the sciences like botany, biology, and horticulture.

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B,D,F

I hope this helped :D

Alana decides to spend 2 hours working overtime rather than going shopping with her friends. she earns $11 per hour for overtime work. her opportunity cost of working is:_______

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Her opportunity cost is the enjoyment she would have received from going shopping.

What is her opportunity cost?

Opportunity cost of the next best option forgone when one alternative is chosen over other alternatives. Opportunity cost is also known as intrinsic cost. Economic agents should choose to minimise their opportunity cost.

By deciding to work overtime, she would not be able to go shopping with her friends. Shopping with her friends is the next best opportunity that is forgone. Thus, the enjoyment she would have received from going shopping is her opportunity cost.

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Which purchase decision will probably require the most extensive information search? multiple choice question.

Answers

The purchase decision that would probably require the greatest extensive information search would be that it would be plastic surgery.

What is meant by purchase decision?

The term that purchase decision can be referred to as the thought process that would have to do with the thought process that would involve all that concerns the ability to be able to get a particular product as well as a brand. The goal is to be able to make the best decisions that would aid you in the purchase of that particular good.

Some purchase decisions are known as the major purchase decisions while some others can be regarded as minor decisions. The major ones are the ones that would need the extensive search for information.

Hence we can say that The purchase decision that would probably require the greatest extensive information search would be that it would be plastic surgery.

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Complete question

Which of the following purchase decisions will probably require the most extensive information search?

A. plastic surgery

B. Wheelbarrow

C.Washing machine

In the context of evaluating economic performance, productivity is calculated by:_____.

Answers

In the context of evaluating economic performance, productivity is calculated by: dividing the amount of output by the amount of input.

Economic growth, employment and unemployment, inflation and deflation, and the balance of payments are some examples of economic performance indicators that we can use to gauge the health of the economy.

Economic indicators include measures of macroeconomic performance (gross domestic product [GDP], consumption, investment, and international trade) and stability (central government budgets, prices, the money supply, and the balance of payments).Every economic system has objectives that serve as a roadmap for achieving success. We have a market system or a free enterprise system in the United States. Numerous economic objectives of this system are closely connected to societal objectives. Although not everyone would rank these objectives in the same order, they are the ones that are most frequently cited by people as important economic and social issues. Economic freedom, economic efficiency, economic equity, economic security, full employment, price stability, and economic growth are among the problems that many Americans believe to be of the utmost importance to our economy and government.

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The company has sales of $10,000,000, total assets of $2,400,000, stockholders' equity of $2,000,000, and net income of $500,000. calculate the company's profit margin.

Answers

The company's profit margin is 5.00%

What is profit margin of the company?

The profit margin of the company is net income as a percentage of its sales revenue, in other words, the portion of sales revenue that is achieved as profit for the company overall.

The profit margin is determined as the net income divided by the sales revenue, hence, the profit margin is as computed below:

company's profit margin=net income/sales

net income=$500,000

sales=$10,000,000

company's profit margin=$500,000/$10,000,000

company's profit margin=5.00%

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Select the term from the dropdowns provided which is closely related to the auditing term, phrase, or organizational name.

Answers

Auditing the text or Name of the company term. Any financial statement that a certified public accountant (CPA) has audited qualifies as an audited financial statement.

The method for choosing test items should be decided by the auditor in order to acquire evidence that can be used in conjunction with other pertinent evidence.

Although it resembles a matrix layout, the emphasis is on supervisor fluidity rather than employee fluidity, creating a decentralized functional framework. HR managers make sure that employees are meeting the organization's goals and choose the best individuals to fill open positions.

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The signing of the project portfolio statement signals the transition from the high-level project initiating stage into the more detailed project planning stage. group of answer choices true false

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The signing of the project portfolio statement signals the transition from the high-level project initiating stage into the more detailed project are planning stage. This statement is false.

As project portfolio doesn't exist. The correct answer is, The signing of the project character  statement signals the transition from the high-level project initiating stage into the more detailed project planning stage.

A project character is short formal document. It states about a project exists and provides project managers and written authority to begin work. This project describes about the project which the company have to create a shared understanding of the goals, objectives and the resources required before hand, as project comes out in detail.

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Picnix, a meal-kit company, has set a strategic goal of decreasing corporate costs by 12% over the next 4 years. Joseph manages one of picnix’s distribution centers. Installing a just-in-time inventory system and partnering with a new produce wholesaler are ________ that joseph can implement over the next 12 months to contribute to the strategic goal.

Answers

The only strategy that Joseph can use to help achieve the strategic goal during the upcoming 12 months is tactical goals.

Tactical objectives can be pursued over the following 12 or even 24 months because they are medium term. Everything depends on the organization's goals and the performance level of your team.

Management should consider what it can do to attain the strategic aim of a 20% increase in sales as an example. the goals and their corresponding metrics. For instance:

Increase the sales force from 8 to 12 individuals;Ensure that all lead inquiries are fully answered across all of the company's contact channels;

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True or false: for the economy as a whole, expenditures must equal income.
a. true
b. false

Answers

For an entire economy Income and expenses must be equal. This is so that at the equilibrium level, total individual expenditures and total income are equal.

Does income have to match expenses?

Every transaction involves a buyer and a seller, therefore the economy's overall spending and income must balance out. The Gross Domestic Product (GDP) of an economy is the sum of all the money spent on newly produced goods and services as well as all the money made from their production.

It is accurate since a functioning economy encapsulates all business dealings involving products and services. And these exchanges take place between the production or business sector and the domestic sector.

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A _________ license allows companies to install the software on multiple (or all) the machines that they own.

Answers

A "Volume" license allows companies to install the software on multiple (or all) the machines that they own.

What is Volume license?

Volume licensing is a type of software licensing arrangement in which a single license key is used to authorize software on multiple computers.

Some key features regarding the Volume license are-

For example, a company may buy a software license that enables up to 50 of its employees to utilize the software concurrently. A single VLK (volume license key) can be used to authenticate this same software for all installations in this case.Product licenses would not expire: they are valid for the life of the product. Benefits from Software Assurance (SA) expire after two years, but they may be renewed for a fee up to 90 before the expiration date. There isn't a grace period just after license period has expired to renew your benefits.

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2. Kathy took a job through an employment agency. The job pays $415 per week. Kathy must pay a
fee to the employment agency. The fee is 25% of her first two weeks' pay. How much money
must Kathy pay the agency?

Answers

Answer: 415 x 2 = 830

25% of 830 is 207.5, so therefore Kathy must pay the agency $207.50

To compute the percent change, divide the (analysis period amount - base period amount) by the _____ and multiply the result by 100.

Answers

To compute the percent change, divide the analysis period amount by the base period amount and multiply the result by 100.

The definition of a percentage change is an increase or reduction in value caused by changes in the old and new numbers. The change can therefore have a positive or negative value.

This is an increase in percentage if your response is a negative number. If you want to determine the percentage increase or reduction of numerous integers. While negative values denote a percentage decline, positive values denote a gain.

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Phyllis and maury obtained a mortgage from taylor bank & trust in 1998. in 2014, they obtained a second mortgage from quail loans. what's the loan with taylor bank & trust considered?

Answers

The fact that Phyllis and Maury obtained a mortgage from Taylor Bank & Trust first means that the loan with that bank is a First Mortgage.

What is a first mortgage?

The first mortgage refers to the first time that a mortgage loan was acquired on a property.

This loan would often be senior to any subsequent loans that come afterwards which means that in the case of default, they have priority. The loan from Taylor Bank & Trust was acquired first so this is a First Mortgage.

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Economies of scale imply that within some range one can increase the size of operation and?

Answers

Economies of scale imply that within some range one can increase the size of operation and the average total cost will go down.

What is Economies of scale?In microeconomics, economies of scale refer to the cost advantages that businesses experience as a result of their size of operation. These cost advantages are often quantified by the amount of output generated in a given amount of time. An expansion in scale is made possible by a drop in the cost per unit of output.There are two different kinds of economies of scale: internal and external. When compared to external economies of scale, which arise as a result of more significant developments outside the organization, internal economies of scale are firm-specific or created inside. Despite the fact that both lead to lowering marginal costs of production, the overall consequence is the same.

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According to the dow theory, reversal of a primary bullish trend must be confirmed by?

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According to the Dow theory, reversal of a primary bullish trend must be confirmed by the Dow Jones Industrial Average and Transportation Average-however using this average lacks precision and is sometimes slow in confirming changes.

What do you mean by Dow Theory ?

The Dow theory is a financial theory that states the market is in an increased trend if one of its averages advances above a previous important grow  and is accompanied by a similar advance in the other average.

What is the goal of Dow Theory?

The goal of this  theory is to identify the primary trend in the financial market backed by solid proof. Once a trend is considered to continue until a turnaround is evident.

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Management students may not immediately become managers, but studying management can help you.

Answers

Management students may not immediately become managers, but studying management can help you: Understand how organizational decisions are made.

What is management?

Management can be defined as the process of making decision, planning, organizing , controlling, as well as leading an organization so as to achieve the organization set goals.

Management play an important in an organization as the success of an organization depend on it. Ineffective or poor management of an organization can lead to failure of that organization which is why management functions play an important role because making use of this functions can enables companies or organization to achieve their goals and objectives.

The management functions are:

PlanningOrganizingLeadingControlling

Therefore Management students may not immediately become managers, but studying management can help you: Understand how organizational decisions are made.

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If a licensee joins a company as an independent contractor, which of these will he probably not have to pay for on his own?

Answers

If a licensee joins a company as an independent contractor Health insurance  will he probably not have to pay for on his own.

What is the waiting time for health insurance?

The waiting period in health insurance guides to the time period the insured is needed to wait for, from the date of issue of the health insurance policy, to be able to avail the usefulness under the policy. The terms and requirements of a waiting period vary from insurance company to insurance company.

What is health policy insurance?

Health insurance is a warranty that requires an insurer to pay some or all of a person's healthcare costs in business for a premium. More specifically, health insurance generally pays for medical, surgical, prescription drug, and occasionally dental expenses incurred by the insured.

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What is the effect of a price ceiling on the quantity demanded of the product? what is the effect of a price ceiling on the quantity supplied? why exactly does a price ceiling cause a shortage?

Answers

A price ceiling (below the equilibrium price) increases demand and decreases supply. This is why price caps create shortages.

The price ceiling prevents the price from rising above a certain level. When the price cap is set below the equilibrium price, the quantity demanded exceeds the quantity supplied, resulting in excess demand or shortage.

We are introducing price caps for people who need products such as home, prescription drugs, and auto insurance. However, when the market price does not reach the equilibrium level, the quantity demanded exceeds the quantity supplied, resulting in a shortage of supply.

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Why is identifying and documenting business rules essential to database design? a. it helps to standardize the company's view of data. b. it can be a communication tool between users and managers.

Answers

Identifying and documenting business rules essential to database design as it helps to standardize the company's view of data.

What is database design?

The arrangement of data in accordance with a database model is known as database design. The designer decides the data pieces' relationships with one another. They can start to fit the data to the database model with this knowledge.

The database designer determines what information needs to be saved and how the data items should be related. Producing logical and physical architectural models of the suggested database system is the primary goal of database design in DBMS

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Managerial accounting places more emphasis on precision and less emphasis on flexibility and relevance of data than does financial accounting. a. true b. false

Answers

The correct answer is (a) true.

Compared to financial accounting, management accounting favors emphasizing timeliness while placing less focus on accuracy.

Where does a management accountant work?

Governmental organizations, private enterprises, and public companies all employ management accountants. Cost accountants, managerial accountants, industrial accountants, private accountants, and corporate accountants are other names for these experts.

Despite the fact that there are twelve different accounting disciplines, three main forms of accounting are recognized by McAdam & Co. These include financial accounting, managerial accounting, and tax accounting.

Which four managerial accounting areas are there?

The primary goal of managerial accounting, which primarily consists of four major functions:

(1) budgetary planning,

(2) cost discovery,

3) cost and profit analysis, and

(4) financial reporting,

is the preparation of these data and reports.

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