Which Activities Belong in the Human Resources Department

question 105

Multiple Choice

Which activities belong in the Human Resources department?

• A) Records,measures,and reports monetary transactions
• B) Tracks strategic financial issues,including money,banking,credit,investments,and assets
• C) Supports the sales by planning,pricing,and promoting goods or services is marketing
• D) Maintains policies,plans,and procedures for the effective management of employees

Understand the definition and identify different components of a time series (trend, cyclical, seasonal, random).

Distinguish between the four main components of a time series based on their characteristics and effects.

Know how to compute moving averages and understand their purpose in time series analysis.

Understand the basics of exponential smoothing and its application in forecasting.

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Definitions:

Business Objectives

The specific goals that an organization strives to achieve over a set period, guiding its operations and strategic direction.

Performance Management Process

A continuous cycle of planning, monitoring, reviewing, and rewarding employee performance towards achieving organizational goals.

Performance Outcomes

The results or outputs of work performance, often measured against pre-established standards or objectives.

Normal Distributions

Continuous probability distributions that are symmetric and bell-shaped, characterized by their mean and standard deviation.