According to Your Textbook, How Will the Growth in Population

question 37

Multiple Choice

According to your textbook, how will the growth in population aging over the next 30-40 years impact society?

• A) It will bankrupt the pension system.
• B) It will be a major contributor to escalating health-care costs.
• C) It will cause intergenerational conflict.
• D) None of the above

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Definitions:

Employees

Individuals who are hired by a person or business for wages or salary to perform work or services.

Human Resource Planning

The process of ensuring that an organization has the right number and types of employees, at the right time and place, who are capable of effectively and efficiently completing tasks that will help the organization achieve its overall strategic objectives.

Strategic Planning

Procedures for making decisions about the organization’s long-term goals and strategies.