The Objectives of a Needs Analysis to Determine the Proper

question 82

Multiple Choice

The objectives of a needs analysis to determine the proper approach to employee benefits administration is:

• A)to find out what is best for the employees
• B)to identify the best way to meet both the short- and long-term needs of the employer
• C)to determine the needs of the human resource department
• D)to determine the best system for administering employee benefit plans
• E)to determine what the competition is doing

Recognize the role of ethics in maintaining the integrity and applicability of psychological research.

Appreciate the methodologies used in psychological research and their impact on the validity of outcomes.

Understand the principles of supply chain management and the impact of supply chain decisions on the profitability and efficiency of businesses.

Assess the benefits and challenges of various supply chain contracts, including buyback or returns contracts, revenue-sharing contracts, quantity flexibility contracts, and quantity discount contracts.

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Definitions:

Master Production Schedule

A detailed plan that outlines exactly what should be produced, in what quantities, and when, to satisfy customer demand.

Aggregate Plan

A plan that determines the resources needed to meet the forecasted demand for a company's products or services over a medium to long-term horizon.

Inventory Record

A document or system that tracks the goods and materials held by a business, detailing quantities, locations, and statuses.

Master Production Schedule

A detailed plan that dictates when and how much of each product will be produced over a specific period.