This Model Is Geared to Promoting Staffing Flexibility in a Company

question 39

Multiple Choice

This model is geared to promoting staffing flexibility in a company by training employees in one area of the company with some of the critical skills that are needed to perform effectively in another area of the company.

• A)the skill blocks
• B)the stair-step
• C)the job-point accrual
• D)the cross-departmental

Comprehend the importance and application of regression analysis and trend forecasting in HR planning.

Identify key operational indices for ratio analysis in HR demand forecasting.

Recognize the Delphi technique's unique features, advantages, and disadvantages for gathering expert opinions.

Understand the purpose and process of the nominal group technique, including its step-by-step implementation.

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Definitions:

Aggregate Demand

Aggregate request for products and services in an economy, measured at a particular general price level throughout a defined time interval.

Price Level

The average of current prices across the entire spectrum of goods and services produced in the economy, reflecting inflation or deflation.

Short-Run Aggregate Supply

A curve that shows the relationship in the short term between the price level and the quantity of output provided by firms when some input prices, especially wages, are fixed.

Sticky-Wage Theory

A hypothesis that wages are slow to adjust to the economic conditions, leading to potential unemployment or labor market imbalances.