Examlex
Which of the following statements that might be made by a business executive best expresses the overall philosophy of Total Quality Management?
Human Resource Planning
The process of forecasting an organization's future human resource needs and developing strategies for fulfilling those needs, balancing organizational demands with available workforce supply.
Supply And Demand
Fundamental economic model describing how the availability of a product (supply) and the desire for that product (demand) determine its price.
Employees
Individuals who are hired by an organization to perform specific duties in exchange for compensation.
Human Resource Planning
The process undertaken by an organization to ensure the right number and types of employees are available to meet current and future needs.
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