The Impact of Shortening the Product Life Cycle Is to Compress

question 8

True/False

The impact of shortening the product life cycle is to compress the time horizon for planning purposes.

Understand forecasting and its significance in human resource planning.

Comprehend the objectives of human resource planning.

Recognize the strategies to manage human resource surpluses and shortages.

Understand the role of flexible work arrangements in human resource management.

---

Definitions:

Satisfier Factors

Elements related to the nature of the job itself, such as achievement, recognition, and work itself, that lead to job satisfaction.

Two-Factor Theory

A psychological theory proposed by Frederick Herzberg that suggests job satisfaction and dissatisfaction arise from two different sets of factors: motivators and hygiene factors.

Job Dissatisfaction

The feeling of unhappiness or discontentment with one's job, often resulting from issues like inadequate pay, poor working conditions, or lack of recognition.

Interpersonal Relations

The interactions and relationships between two or more people, often in a work or social context.