The Activities Involved in Identifying,hiring,and Developing the Necessary Number and Quality

question 58

Multiple Choice

The activities involved in identifying,hiring,and developing the necessary number and quality of employees are known as the management function of:

• A) organizing.
• B) staffing.
• C) communicating.
• D) leading.

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Definitions:

Instability

The condition of being prone to change or fluctuation, often in a way that is unpredictable or potentially harmful.

Factors Efficiently

refers to the optimal allocation and utilization of resources in production to maximize output without wasting resources.

Opportunity Cost

Opportunity cost is the benefit lost when choosing one alternative over another, representing the value of the next best option foregone.

Consumer Goods

Products that are purchased by individuals or households for personal use or consumption.