In the Context of Planning, If There Is Alternative Generation

question 61

Multiple Choice

In the context of planning, if there is alternative generation, evaluation, and selection steps which reveal several different future scenarios, a different ________ plan is attached to each scenario.

• A) evaluation
• B) alternative
• C) contingency
• D) selection
• E) decision

Acknowledge the influence of workforce diversity on management practices.

Comprehend statutory provisions and their implications on HR policies.

Understand the steps in the S.T.E.P. approach to Open-book Management (OBM).

Recognize different flexible work schedules and their implications for work-life balance.

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Definitions:

Temporary-Help Industry

The sector of the workforce that provides temporary workers to businesses, often to fill temporary vacancies or peak workload times.

Natural Rate

The long-term rate of unemployment or economic output under prevailing conditions, considered sustainable without causing inflation.

Unemployment Rate

The percentage of employment-seeking individuals in the labor force who are without jobs.

Unemployment Benefits

Payments made by the government or a designated body to unemployed individuals, intended to provide financial assistance while they seek new employment.