The Process by Which Managers Ensure That They Have the Right

question 96

Multiple Choice

The process by which managers ensure that they have the right number and kinds of capable people in the right places and at the right times is known as ________.

• A) human capital management
• B) performance management
• C) performance planning
• D) human resource planning

Understand the correlation between leader task-oriented behavior and subordinate satisfaction.

Identify and describe the characteristics of task-oriented and relationship-oriented leadership behaviors.

Comprehend the hierarchical taxonomy of leadership behaviors.

Recognize specific types of empowering decision procedures and their significance.

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Definitions:

Per Unit

Refers to the measurement or cost associated with one single unit of product or service.

Labor Efficiency Variance

The difference between the actual labor hours used and the standard labor hours expected for the level of production achieved.

Labor Rate Variance

A financial measure that calculates the difference between the actual labor costs and the expected labor costs based on standard rates.

Labor Rate Variance

The difference between the actual cost of labor and the budgeted cost, based on the standard labor rate.