Global HR Planning Attempts to Do All of the Following

question 16

Multiple Choice

Global HR planning attempts to do all of the following EXCEPT:

• A)estimate employee needs
• B)develop plans for meeting employee needs
• C)determine global labour force
• D)align their workforce forecasts with the supply for global talent
• E)determine specific financial cost of employee needs

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Definitions:

Profit-Maximizing

A strategy or point at which a business achieves its highest possible profit, with an optimal level of output and pricing.

Loss-Minimizing

A strategy or approach aimed at reducing the amount of losses incurred in business operations or investments.

ATC

Average Total Cost is the total cost divided by the number of goods produced, indicating the cost per unit of output.

MC

Marginal Cost; the cost added by producing one additional unit of a product or service, essentially the cost of producing one more of something.