Match the Term with Its Definition

question 92

Essay

Match the term with its definition.Some terms may not be used
a.Basic Conditions of Employment Act
b.Employment Equity Act
c.Labour Relations Act
d.Human resource management
e.Management development
f.Occupational Safety and Health Act
g.PEO
h.Workforce diversity
-The management of employees in a way that enables a business to reach its strategic objectives.

---

Definitions:

Recessions

Intervals of provisional economic contraction, during which commerce and industry slow down, often indicated by a dip in GDP across two sequential quarters.

Real GDP

The measure of a country's economic output adjusted for price changes (inflation or deflation), reflecting the true value of goods and services produced.

Recessions

Episodes of brief economic downturn where business and manufacturing activities decline, usually signaled by a decrease in the GDP for two back-to-back quarters.

Aggregate Demand

Collective appetite for goods and services in an economic system, pegged at a particular comprehensive price level for a fixed time frame.