The New Human Resources Manager (Scenario)

question 31

Multiple Choice

The New Human Resources Manager (Scenario)
Mustafa is hired to manage the human resources department of a local manufacturing company. this company has the reputation of being the firm "where you work until you find another job." Employee turnover is high and morale is low. Mustafa is determined to change the situation and make the organization's human resources a competitive advantage and source of pride for the firm.
-As part of restructuring the organization's human resources, Mustafa decides that new job _ _________, which state the minimum job qualifications that a person must possess to successfully perform a given job, must be written for each position.

• A) descriptions
• B) analysis
• C) specifications
• D) satisfaction surveys

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Definitions:

Present Value

Present Value is the current worth of a future sum of money or stream of cash flows given a specified rate of return, used in the assessment of investment attractiveness.

Initial Investment

The initial amount of money invested in a project, asset, or business at the start.

Annual Returns

Annual returns are the percentage change in an investment's value over a year, including interest, dividends, and capital gains.

Annual Payments

Payments that are made once a year for various purposes, such as loan repayments, insurance premiums, or leases.