If the Number of Employees Who Quit, Are Fired, or Retire

question 32

Multiple Choice

If the number of employees who quit, are fired, or retire increases while the hiring of new employees declines, this indicates that the

• A)labour demand curve is shifting to the right.
• B)labour supply curve is shifting to the right.
• C)labour demand curve is shifting to the left.
• D)labour supply curve and labour demand curve are both shifting to the right.

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Definitions:

Employee Evaluation

A systematic process of assessing and documenting an employee's performance, skills, achievements, and growth areas.

Self-Appraisals

The process by which employees assess their own job performance, including achievements, challenges, and areas for improvement.

Self-Ratings

An assessment method where individuals evaluate their own performance or abilities.

Performance Management

A continuous process by which managers and employees work together to plan, monitor, and review an employee’s work objectives and overall contribution to the organization.