Asked by Jasmine Hemingway on Jun 03, 2024

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Abbel Inc., a manufacturing company, believes that pay is an investment that can generate returns in attracting, retaining, and motivating a high-quality workforce. In this case, which statement is true about Abbel Inc.?

A) It considers its employees as resources.
B) It gives the least importance to profits.
C) It is a customer-friendly firm.
D) It tries to keep its labor costs minimal.
E) It helps employees find higher-paying jobs.

Pay as an Investment

The perspective of compensating employees as a strategic investment towards achieving the organization's goals, where better pay leads to better performance and outcomes.

High-Quality Workforce

A group of employees known for their exceptional skills, high productivity, and capability to drive organizational success.

Labor Costs

The total sum of all wages paid to employees, as well as the costs of employee benefits and payroll taxes incurred by an employer.

  • Grasp the strategic outcomes associated with investing in premium wage structures to recruit exceptional talent and enhance an organization's market competitiveness.
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AS
Akash SharmaJun 10, 2024
Final Answer :
A
Explanation :
Abbel Inc. believes that pay is an investment in its employees, which implies that it recognizes its employees as resources.