The Goals That Are Set in the Human Resource Planning

question 40

Multiple Choice

The goals that are set in the human resource planning process should come directly from:

• A) the mid-level managers.
• B) the analysis of labor supply and demand.
• C) the judgments and choices made by the technical experts in the organization.
• D) the feedback provided by the organization's customers.
• E) the line workers at the grassroots level.

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Definitions:

Resource Availability

The degree to which essential inputs for production, like labor, technology, and raw materials, are readily accessible for economic activities.

Short-Run

A period in economics during which at least one factor of production is fixed and cannot be changed.

Total Product Curve

A graphical representation showing how total output of goods varies with changes in the quantity of a single input, holding all other inputs constant.

Average Product

The yield generated for every unit of a production input, determined by dividing the overall output by the amount of the input used.