Why Are Promotion Decisions Often Viewed as a Different SHRM

question 23

Multiple Choice

Why are promotion decisions often viewed as a different SHRM function than selection?

• A)Entirely different procedures are used for promotion than for selection.
• B)Different people make selection decisions than those making promotion decisions.
• C)Promotion decisions are often reached without using the formal testing devices that characterize external selection.
• D)More information is available about applicants in selection decisions than is available about candidates for promotion decisions.

Understand the concepts of continuous improvement, customer orientation, just-in-time, and total quality management in operational settings.

Identify indirect costs in manufacturing processes and understand their implications.

Learn the calculation and significance of inventory turnover and days' sales in inventory for raw materials.

Differentiate between period costs and product costs and their implications for financial reporting.

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Definitions:

Materials

Raw elements or substances used in the production or manufacturing of goods.

Variable Costs

Costs that change in proportion to the level of output or activity.

Total Costs

The sum of all expenses associated with the production of goods or services, including both fixed and variable costs.

Output

The amount of goods or services produced by a person, machine, factory, or country.