BUSINESS ADMINISTRATION
HUMAN RESOURCES MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following statements best describes a benefit to the business of outsourcing the human resource function?
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The company that the human resource function is outsourced tomay lack an understanding of the key aspects of the business.
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The key relationship between staff and their line managers must continue to be developed within the business itself, without the assistance of the external company.
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The decision of a business to outsource its human resourcefunction can generate cost savings through increased employeesupervision.
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Staff of the external company would have a much better understanding of issues related to employment relations and can advise the business on the most appropriate human resource strategies.
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Explanation:
Detailed explanation-1: -There are four main advantages to outsourcing HR functions: 1) Ensure That Your Business Is in Compliance, 2) Improve Your Employee Experience, 3) Offer Better Benefits, and 4) Reduce Costs. There are federal, state, and local labor regulations with which businesses of all sizes must comply.
Detailed explanation-2: -Key takeaway: Common HR outsourcing functions include payroll processing, benefits administration, employee relations, hiring and employee counseling.
Detailed explanation-3: -HRO, or human resource outsourcing, is an arrangement in which a third-party administers HR on behalf of another business, allowing it to focus more attention on growth-related objectives.
There is 1 question to complete.