Human Resource Planning Systematically Forecasts an Organization's Future Demand for and Supply

question 94

True/False

Human resource planning systematically forecasts an organization's future demand for and supply of workers, and matches the supply to the demand.

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Definitions:

Scholarship

Financial support awarded to a student, based on academic achievement or other criteria, to help pay for education expenses.

Compounded

Interest calculated on the initial principal, which includes all of the accumulated interest from previous periods.

Post-secondary

Relating to education after high school, including college, university, and vocational or technical training.

Compounded

The process where interest earned on an investment is reinvested to earn additional interest over time.