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SCENARIO 14-7
The output below shows the results of cluster analysis on the different regions of the world (North
America, Asia Pacific, Western Europe, Central & Eastern Europe, Latin America, and Middle East
& Africa) based on the amounts (in billions of US dollars) and the percentage changes from prior year of business-to-consumer ecommerce sales last year.
-Referring to SCENARIO 14-7, at the two-cluster level, Asia Pacific alone makes up one of the two clusters.
Psychological Contract
The unwritten, implicit expectations and beliefs about the mutual obligations between employees and employers beyond the formal employment contract.
HR Metrics
Quantitative measures used to track and assess the efficiency and effectiveness of HR policies, processes, and practices.
Productivity
The measure of efficiency in which goods and services are produced, often evaluated in terms of the output generated per unit of input.
Psychological Contract
The unwritten, informal agreement between an employer and employee that outlines mutual expectations, commitments, and obligations.
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