Which of the Following Utilizes Short-Term Forecasting (As Opposed to Long-Term

question 98

Multiple Choice

Which of the following utilizes short-term forecasting (as opposed to long-term or medium-term forecasting) ?

• A) capital expenditures
• B) production levels
• C) job scheduling
• D) location decisions

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Definitions:

Fringe Benefits

These are additional compensations provided to employees beyond their regular salaries, such as health insurance, car allowances, or retirement benefits.

Merit Pay Systems

Incentive programs that reward employees based on their performance and productivity.

Profit-Sharing Plans

A compensation strategy where employees receive a share of the company's profits, aligning their interests with the company's performance and fostering a team-oriented culture.

Job Attitudes

Refers to the feelings and beliefs employees have about their work, which can influence their behavior and performance.