Despite the Elimination of the Federal Budget Deficit in the Late

question 88

Multiple Choice

Despite the elimination of the federal budget deficit in the late 1990s, the trade deficit increased due to

• A)increased household saving.
• B)decreased household saving.
• C)a depreciation of the dollar.
• D)an increase in inflation rates.

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Definitions:

HR Objectives

The strategic goals set by the Human Resources department to support overall organizational growth, employee development, and operational efficiency.

Human Resource Planning Process

A strategic approach undertaken by HR management to ensure the right number of people with the right skills are available at the right time in the organization.

Levels Of Human Resource Planning

Levels of human resource planning refer to the stratification of HR planning processes, from strategic to operational, ensuring the right number of people with the right skills are in place.

Projected Human Resource Needs

Forecasts of an organization's future requirements for staff, skills, and positions to meet its objectives.