The Key Functions of Planning and Forecasting HR Needs, Analyzing

question 63

Multiple Choice

The key functions of planning and forecasting HR needs, analyzing jobs to determine required skills, assisting in recruiting, and helping new hires adjust to their work environment is the job position of the manager of:

• A) personnel appraisal and development
• B) employee and industrial relations
• C) HR systems
• D) personnel planning and staffing

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Definitions:

Net Loss

The amount by which total expenses exceed total incomes for a business over a specific period, indicating a negative financial performance.

Net Income

The total earnings of a company after subtracting all costs and expenses, including taxes and interest, from its total revenues.

Balance Sheet Columns

The sections within a balance sheet that display a company's assets, liabilities, and shareholders' equity at a specific point in time.

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term and long-term obligations, calculated as current assets divided by current liabilities.