Examlex

Solved

In Human Resources Management (HRM), the _____ Decision Is Useful

question 49

Short Answer

In human resources management (HRM), the _____ decision is useful when it is too difficult to predict exactly which skills will be needed in the future.


Definitions:

Temporary Assistance

Financial aid provided on a short-term basis to individuals or families in need, often aimed at supporting basic needs like food, shelter, and healthcare.

Insurance Payment

A payment made to an insurance company which provides compensation for loss, damage, illness, or death in return for payment of a specified premium.

Circular-Flow Model

A diagram that visualizes the economy as consisting of households and firms interacting in the goods and services markets, and labor markets, showing how money flows through the economy.

Resource Market

A market in which households sell and firms buy resources or the services of resources.

Related Questions