Means-Ends Analysis Is a Type of Theoretical Reasoning

question 63

True/False

Means-ends analysis is a type of theoretical reasoning.

---

Definitions:

Forecasting Human Resources

involves predicting an organization's future workforce needs to ensure it has the right number of employees with the necessary skills.

Organizational Objectives

The goals or targets that a company aims to achieve, which guide its operational and strategic activities.

Business Cycles

Business cycles refer to the fluctuations in economic activity that an economy experiences over a period, characterized by expansion and contraction phases.

Labour Mobility

The extent to which workers can move easily between jobs, locations, or industries, influenced by factors such as regulations and qualifications.