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Not Every Promise Is Legal Enforceable

question 66

True/False

Not every promise is legal enforceable.

Learn the methods of measuring HR activities and their effectiveness.
Differentiate between employee attitudes measured in HRM effectiveness surveys.
Grasp the importance and methods of HR analytics in strategic HR planning and decision making.
Understand key political, social, and economic trends of the late 20th century in America.

Definitions:

Discount Rate

The discount rate in discounted cash flow analysis that’s used for the purpose of evaluating the present worth of future cash flows.

Present Value

The current value of a future sum of money or stream of cash flows given a specified rate of return, used in discounting to assess investment opportunities.

Per Year

A term used to specify the occurrence or calculation of something on an annual basis.

Reward Program

A program offered by a company to customers who frequently make purchases, designed to encourage ongoing business by offering benefits or rewards.

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