The ________ Component of an HRM System Ensures Employees Have

question 49

Multiple Choice

The ________ component of an HRM system ensures employees have the knowledge and skills needed to perform their jobs effectively now as well as in the future.

• A)recruitment and selection
• B)labor relations
• C)performance appraisal
• D)performance feedback
• E)training and development

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Definitions:

Purchasing Cards

Specialized payment cards issued to employees to make procurement transactions more efficiently and to reduce processing costs.

Small Value Orders

Purchases or orders of relatively low monetary value, which might not warrant the same level of procurement scrutiny as larger expenditures.

E-Procurement System

An electronic system that automates the purchasing and procurement processes of organizations.

Small Dollar Value

Transactions or items that have a low monetary worth but may occur frequently within a business or transactional context.