The Current U

question 65

Multiple Choice

The current U.S.economy is based primarily on the production of

• A)Agricultural goods.
• B)Goods for federal government use.
• C)Manufacturing goods.
• D)Services.

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Definitions:

Skills Inventories

Comprehensive databases that detail the qualifications, expertise, and skills of employees within an organization, used for planning and assignment purposes.

Job Evaluation

A systematic process used to determine the relative worth of jobs within an organization by analyzing their duties, responsibilities, and requirements.

Human Resource Planning

The continuous process of systematically planning to achieve optimum use of an organization's most valuable asset—its human resources.

HR Forecasting

The process of estimating future human resources needs based on various business plans and projections.