Management Inventories

question 52

Multiple Choice

Management inventories

• A)are visual representations of who will replace whom in the event of a job opening.
• B)record information about managerial responsibilities and management training used to identify internal candidates eligible for promotion.
• C)are used to keep track of employees' qualifications.
• D)are a method used to arrive at a group decision involving outside experts.
• E)are a method of forecasting labour supply that involves tracking the pattern of employee movements.

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Definitions:

Probability Density Function

A function that outlines the likelihood of finding a random variable within a particular range of values.

Uniform Distribution

is a type of probability distribution where every outcome in a certain range is equally likely to occur.

Electronics Test

An examination or evaluation designed to measure knowledge, skill, or ability in the field of electronics.

Probability

The measure of the likelihood that an event will occur, quantified as a number between 0 and 1, with 1 indicating certainty.