What Is Workforce Planning? What Tools Are Available to Managers

question 99

Essay

What is workforce planning? What tools are available to managers for projecting personnel needs?

Identify the roles and responsibilities of internal reporting and managerial accounting in decision-making processes.

Recognize the process of incremental analysis and its importance in managerial decision-making.

Understand the factors influencing cost behaviors and their relevance in incremental analysis.

Learn the criteria for making special order decisions, including considerations of capacity and incremental costs.

---

Definitions:

Closure

in psychological terms, refers to an individual's need for a sense of resolution or conclusion to an emotional or traumatic experience or event.

Distinguish

To recognize or identify as different; to categorize separate entities based on specific criteria.

Figure And Ground

A visual perception principle where the viewer automatically separates elements of an image into the 'figure', which stands out from the 'ground', or background, providing a primary focus.

Reversible Figure

A visual illusion or ambiguous image designed to be perceived in more than one way, showing different images based on the viewer's perception.