GK
HUMAN RESOURCE MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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outsourcing
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markov analysis
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employee leasing
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bottom up approach
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Detailed explanation-1: -What is bottom line? The bottom line primarily refers to a company’s net income, which appears as the final line on the income statement. It’s the total amount of profit a business has remaining after paying expenses, expressed with the equation: Revenue – Expenses = Net Income.
Detailed explanation-2: -What Is Outsourcing? First seen as a formal business strategy in 1989, outsourcing is the process of hiring third parties to conduct services that were typically performed by the company. Often, outsourcing is used so that a company can focus on its core operations.
Detailed explanation-3: -The term bottom line is often used and refers to the profitability of a business after all expenses are deducted from revenues. Bottom line profits are net profits after all the costs of the business have been accounted for. The remainder is either a positive or negative figure.