Newly Hired Programmers at Microsoft Corporation Join Small Work Teams

question 34

Multiple Choice

Newly hired programmers at Microsoft Corporation join small work teams so that experienced workers can serve as mentors to them while they are adjusting to their new job. This is the HRM process of

• A)self-managing work teams.
• B)selection.
• C)performance appraisal.
• D)training and development.

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Definitions:

Inflation Rate

An increase in the overall price levels of goods and services in an economy during a specified period.

CPI

stands for Consumer Price Index, a measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care.

Market Basket

A fixed set of goods and services whose total cost is used to track inflation and the cost of living over time through price changes.

CPI

The Consumer Price Index reflects the mean fluctuation in prices for a mix of consumer products and services, as experienced by urban buyers over time.