A Is When Managers Estimate the Qualifications and Numbers of Employees

question 53

Multiple Choice

A is when managers estimate the qualifications and numbers of employees an organization will need given its goals and strategies.

• A)job analysis
• B)supply forecast
• C)demand forecast
• D)job specification
• E)job description

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Definitions:

Discount Rate

The rate of interest applied to loans obtained by commercial banks and other saving organizations from the lending facility of their regional Federal Reserve Bank.

Government Bonds

Long-term debt of the federal government.

Commercial Bank Reserves

Funds that commercial banks are required to hold in reserve against deposits, either as cash in their vaults or as deposits with the central bank.

Reserve Ratio

The portion of depositors' balances that banks must have on hand as cash, as required by central banking regulations.