A practice used by different companies to reduce costs by transferring portions of work to outside provider rather than completing it internally is termed as:

Related Mcqs:

1. The loyalty awards given to employees, for completing several years is an example of?

   A. financial awards
   B. non-financial rewards
   C. non-motivating rewards
   D. appraisal award

2. Offering flexible part-time work, to retirement age senior employees is a technique toOffering flexible part-time work, to retirement age senior employees is a technique to?

   A. keep retirees
   B. keep employees
   C. retirement benefits
   D. talent management

3. The people who are attracted to career, involving verbal activities rather than physical activities are classified as?

   A. enterprising oriented
   B. investigation oriented
   C. social orientation
   D. conventional orientation

4. Why might there be some difficulty in identifying and applying the Best-practice approach to HRM in Organisations?

   A. Because the best-practice approach tends to be resource- intensive
   B. Because there is much variation in the literature and empirical research as to what constitutes best-practice
   C. Because the best-practice approach would not fit the cost-reduction driven strategies favoured by many in short-termist economies.
   D. Because the best-practice approach does not emphasize the individual business context

5. An event, employees participation in skills practice sessions, known as?

   A. training and development
   B. performance appraisal
   C. recruiting and placement
   D. career planning workshops

6. Counseling with employees before retirement for second careers outside the firm is an example of?

   A. phased retirement
   B. preretirement counseling
   C. honoring experience
   D. modifying selection procedure

7. Employees abroad supply services or having outside vendors that the company’s own employees previously did in-house is known as?

   A. outsourcing
   B. offshoring
   C. alternative staffing
   D. none of above

8. Supply of services by outside vendors that are done previously by in-house employees is?

   A. outsourcing
   B. off shoring
   C. alternative staffing
   D. none of above

9. The one who issues orders in chain of command outside their department is?

   A. staff managers
   B. line managers
   C. finance manager
   D. both A and B

10. Generally in the chain of command, no one can issue orders outside their own department is?

    A. staff managers
    B. line managers
    C. CEO
    D. none of above