The total profit and rate of return is classified as?
Correct answer: A. employer's ability to pay
- A. employer's ability to pay
- B. employer's ability to hire
- C. employer's ability to train employees
- D. employer's ability to growGet Executive Coaching
Explanation
Total profit and rate of return indicate whether an organisation has the financial capacity to meet compensation costs. They therefore describe the employer's ability to pay, not its ability to train or grow.
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About Human Resource Management
Human resource management deals with acquiring, developing, rewarding and retaining employees within an organisation. It includes job analysis, recruitment, selection, training, performance appraisal, compensation, career planning, labour relations and workplace discipline. Recruitment attracts applicants, while selection evaluates them and chooses the most suitable candidate.
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