The First Step in the Human Resources Planning Process Is

question 317

Multiple Choice

The first step in the human resources planning process is to

• A) prepare a forecast of human resource needs.
• B) assess future labor demand.
• C) prepare job specifications for each position within the organization.
• D) prepare a human resource inventory.

Assess the impact of variations in arrival and service rates on system performance.

Calculate average waiting times in the queue and total time spent in the system.

Understand the concepts of system simulation and its application to process optimization.

Evaluate the effects of changing system parameters on the efficiency and effectiveness of the queuing process.

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Definitions:

Short-Run Price Elasticity

A measure of the responsiveness of quantity demanded or supplied to a price change over a short period.

Gasoline

A volatile, flammable liquid used primarily as fuel in internal combustion engines.

Labor Unions

are organizations that represent the collective interests of workers in negotiations with employers over wages, working conditions, and other aspects of employment.

Social Issues

Problems that influence a considerable number of individuals within a society, often relating to matters that impact people's personal lives and interactions.