An Agent Will Not Be Authorized to Act for a Principal

question 30

True/False

An agent will not be authorized to act for a principal unless he receives some consideration for the task.

Understand the process and advantages of the nominal group technique in HR forecasting.

Comprehend the concept and application of time series models in predicting future HR demand.

Recognize the importance of a clear understanding of firm value and market demand in HR forecasting.

Discern the varied purposes and functions of HR budgets in forecasting.

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Definitions:

Stress

A state of mental or emotional strain or tension resulting from adverse or demanding circumstances.

Rationalization

The process of providing reasonable explanations to justify behaviors or decisions that may otherwise appear irrational.

Projection

A psychological defense mechanism where individuals attribute their own undesirable thoughts, feelings, or motives to another person.

Displacement

In psychology, a defense mechanism where an individual redirects emotions or reactions from the original source to another target.