What is an external environmental factor facing organizations and human resource management?
A)employee work-life balance initiatives and programs
B)company compensation and reward systems
C)economic climate
D)competitive intelligence

Question

Quizplus · Accepted Answer

Economic climate is an external environmental factor that affects an organization's financial situation, which in turn affects its human resource management. For example, during a recession, organizations may have limited resources for hiring, training, and development, and may be forced to implement cost-cutting measures such as layoffs or reducing employee benefits.

The other options are also important factors but they are more internal to the organization. Employee work-life balance initiatives and programs and company compensation and reward systems are typically developed and implemented by HR departments. Competitive intelligence involves gathering information about competitors in the industry, which may involve HR-related data such as compensation and benefits packages, but this factor is not directly affecting HR management.

What Is an External Environmental Factor Facing Organizations and Human