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finlep [7]
3 years ago
8

Gears Inc., an automobile manufacturing firm, has hired an external agency to handle its employee compensation function so that

its HR employees can focus on other tasks, such as legal compliance and employee training. The firm has made this change for two reasons: to increase workforce efficiency by reducing the time spent on the compensation function and to reduce the dissatisfaction caused by the repetitious nature of this function. In the given scenario, Gears Inc. is employing _____.
Business
2 answers:
kipiarov [429]3 years ago
7 0

Answer:

Outsourcing

Explanation:

Outsourcing is a business practice in which a company transfers over the responsibility of planning an activity or project that could easily be carried out internally to another company.

It also involves transferring of employees and assets from one organisation to another.

Outsourcing is a business practice employed by many companies to get top candidates without being directly involved in the process of sourcing and selecting.

kaheart [24]3 years ago
6 0

Answer:

outsourcing

Explanation:

Outsourcing Is a practice in business or corporate organizations that involves hiring a third party outside an organization to perform some job functions or handle some operations instead of handling it within an organization.

Advantages of outsourcing.

1.it lower cost.

2.Improved rate of efficiency.

3.Accelerated time for market.

4.Improved skills and resources, etc.

Examples of task that could be outsourced includes recruitment exercise, customer care and call services, information technology services,etc.

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8 0
3 years ago
Brown Street Grocers has a cost of equity of 11.8 percent, a pre-tax cost of debt of 6.9 percent, and a tax rate of 35 percent.
Nastasia [14]

Answer:

The correct answer to the following question is option E) 9.06% .

Explanation:

Here the cost of equity given is  - 11.8%

Pre tax cost of debt- 6.9%

Tax rate- 35%

So the after tax cost of debt - 6.9% x 65%

= 4.485%

The debt to equity ratio - .6

So the weight of debt - .6 / ( 1 + .06 )

= .375

Weight of equity - 1 / ( 1 + .06 )

= .625

Weighted average cost of capital =

Debts cost x weight of debt + Equity cost x weight of equity

= 4.485 x .375 + 11.8 x .625

= 1.681875 + 7.735

= 9.06%

7 0
2 years ago
The flexible or telecommuting schedule is most likely an option offered in:
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3 years ago
7) Mr. Smith acquired a property consisting of one acre of land and a two-story building five years ago for $100,000. He also ob
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Answer:

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Explanation:

8 0
2 years ago
Which food was received in the temperature danger zone
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