In Considering the Staffing an Organization Might Need in the Future

question 27

Multiple Choice

In considering the staffing an organization might need in the future, human resource managers should

• A) focus efforts on replacing those who retire or resign.
• B) assume that the organization will not change much.
• C) assume that there will be radical changes in the supply of labor and the nature of the organization's jobs, and therefore defer planning.
• D) hire 10% more people than were needed last year to cover possible growth.
• E) understand the organization's vision and strategy in order to hire personnel to support them.

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Definitions:

Price Level

A summarial mean of present prices for goods and services in the broad economy.

Unemployment

The situation when individuals who are capable of working and are looking for a job cannot find employment.

U.S. Newspapers

Print or digital publications in the United States that provide news, analysis, opinion, and features on a variety of topics.

Money Supply

The complete aggregation of monetary assets within an economy at a particular point, including cash, coins, and the funds in checking and savings accounts.