What Is a Leading Indicator in HRM Evaluation

question 102

Multiple Choice

What is a leading indicator in HRM evaluation?

• A)an indicator that anticipates management action
• B)an indicator that predicts or affects the future
• C)an indicator that explains changes or events
• D)an indicator that represents current HR trends

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Definitions:

Hail Insurance

A type of insurance policy specifically designed to protect crops from hail damage.

Total Product

The total quantity of output produced by a firm over a given period of time.

Marginal Product

The extra production generated when one more unit of a particular input is added, with all other inputs remaining unchanged.

Law of Diminishing Returns

An economic principle stating that as investment in a particular area increases, the rate of profit from that investment, after a certain point, cannot continue to increase if other variables remain constant.