Question

Green Leaf Inc., a small firm, is finding it difficult to offer its employees most of the benefits that large firms can. Therefore, the firm's management decides to enter into an agreement with a professional employer organization, which would take over Green Leaf Inc.'s HR functions, including payroll and performance appraisal. In this context, it can be said that Green Leaf Inc. is responding to the competitive challenge of _____.

Answer 1

Cost Containment

Step-by-step explanation:

The reason is that the cost is the main factor when the the market players have equivalent capabilities and the firm then tries to manage the overall cost of the organization so that it can offer the product at the discount to the competitor's product. This lower cost gives the competitors advantage which the company utilizes in their best interest.