Using General Electric's Strategic Planning Grid,an Opportunity Rated "Medium" in Terms

question 42

Multiple Choice

Using General Electric's strategic planning grid,an opportunity rated "medium" in terms of industry attractiveness and "medium" in terms of business strengths would be evaluated as which of the following?

• A)yellow-borderline
• B)red,for no growth
• C)green,for growth
• D)It could be evaluated as yellow,red,or green-because the grid really doesn't deal with "medium" ratings.

Distinguish between different types of HRM measures, including activity-based measures and balanced scorecard.

Grasp the role of workforce analytics in HRM and decision-making.

Identify methods to measure client satisfaction within HRM.

Comprehend the approaches to reducing labor expenses in HRM practices.

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Definitions:

Monetarists

Economists who believe that changes in the money supply are the most significant determinants of economic growth, inflation, and unemployment rates.

Quantity Theory of Money

The Quantity Theory of Money is an economic theory that asserts the general price level of goods and services is directly proportional to the amount of money in circulation.

Fiscal Policy

Government policy regarding taxation and spending, aimed at influencing economic conditions.

Federal Reserve

The central banking system of the United States, responsible for implementing the country's monetary policy and regulating the banking industry.