When Managers Need to Determine Which Employees Are Available for Promotion

question 46

Multiple Choice

When managers need to determine which employees are available for promotion or transfer, they will use .

• A)trend records
• B)replacement charts
• C)qualifications inventories
• D)personnel files
• E)computerized information systems

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Definitions:

Graph

A diagram representing data, showing the relationship between two or more variables; typically consists of lines, bars, or symbols.

Exercising Market Power

The action taken by a firm or entity to utilize its market power to influence market conditions, such as price and production levels.

Monopolists

Entities or firms that have exclusive control over the market for a particular good or service, thereby eliminating competition.

Consumers

Individuals or organizations that use economic goods and services for their own personal benefit or to meet their needs.