One of the Factors That Has an Impact on the Demand

question 80

True/False

One of the factors that has an impact on the demand for human resources is the organization's strategic plan.

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Definitions:

Fixed Budget

A predetermined budget that does not change or vary with the level of activity or output.

Policies

A set of principles or guidelines formulated or adopted by an organization to reach its long-term goals and typically published in a booklet or other form that is widely accessible to employees.

Operating Budgets

Detailed projections that outline the expected income and expenses for an organization over a specific period, guiding its business operations.

Labour

The physical and mental effort used in the production of goods and services.