The Planning of Human Resources Includes All of the Following

question 16

Multiple Choice

The planning of human resources includes all of the following except

• A) determining how many employees and what skills the organization needs.
• B) forecasting how many employees the organization needs to hire and what qualifications they must have.
• C) forecasting the supply of people in the work force who will have the necessary qualifications to meet the firm's needs.
• D) considering the status of current personnel.
• E) appraising performance.

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Definitions:

Society's Total Utility

The cumulative measure of satisfaction or happiness that a society derives from consuming a particular amount of goods and services.

Diminishing Marginal Utility

A principle stating that as a consumer consumes more of a good or service, the satisfaction (utility) gained from each additional unit decreases.

Universal Basic Income

A financial program where a government provides all citizens with a regular, unconditional sum of money, regardless of employment status or wealth.

Household Receives

Refers to the income or goods that a household obtains, which may come from various sources such as wages, investments, or government programs.