The Development of a Vision About Where the Company Wants

question 3

Multiple Choice

The development of a vision about where the company wants to be and how it can use human resources to get there is referred to as

• A) HR tactics.
• B) an affirmative action plan.
• C) strategic HR planning.
• D) contingency theory.

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Definitions:

Immigrants

People who come to live permanently in a foreign country from their country of origin.

Pure Capitalism

An economic system characterized by the private ownership of resources and the use of prices to coordinate economic activity in unregulated markets.

Economic Question

A query that addresses how to allocate scarce resources to satisfy unlimited wants and needs.

Invisible Hand

A metaphor for the self-regulating nature of the marketplace that guides individuals to unintentionally benefit society through the pursuit of their own interests.