When a company decides to follow a cost leadership strategy,HRM is mostly concerned with _______________.
A)hiring individuals based on individual knowledge and skill sets and not on what jobs need filled at that point in time
B)creating cross-functional teams
C)creating broader job descriptions and work planning processes
D)implementing performance appraisals
E)maximum efficiency and effectiveness

Question

Quizplus · Accepted Answer

When a company decides to follow a cost leadership strategy, HRM is mostly concerned with maximum efficiency and effectiveness. This is because the cost leadership strategy focuses on producing goods and services at a lower cost than competitors while maintaining similar quality, which can be achieved through efficient and effective HRM practices such as lean production and job simplification.

When a Company Decides to Follow a Cost Leadership Strategy,HRM