__________ Exists When Producers and Ultimate Consumers Deal One-On-One with Each

question 99

Multiple Choice

__________ exists when producers and ultimate consumers deal one-on-one with each other.

• A) strategic channel alliance
• B) direct channel
• C) marketing channel
• D) indirect channel
• E) dual distribution channel

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Definitions:

HR Forecasting

The process of predicting an organization's future demand for and supply of the right type of employees in the right number.

Strategic Importance

The level of significance a particular action, decision, or area has in achieving the long-term objectives of an organization.

Firm-specific Human Capital

The unique knowledge, skills, and experience that employees gain during their tenure at a specific company, enhancing their value to that company but not necessarily to others.

Strategic Human Resource Planning

It is the process by which organizations anticipate and manage the needs of their workforce to ensure that there are the right number and kind of people, in the right place, at the right time, capable of effectively and efficiently completing tasks that help the organization achieve its overall objectives.