Which Statement Is Not True About Correlation Matrices

question 66

Multiple Choice

Which statement is not true about correlation matrices?

• A) The diagonal elements all equal 0.
• B) The upper triangular portion of the matrix is a mirror image of the lower triangular portion.
• C) A correlation matrix indicates the coefficient of correlation between each pair of variables.
• D) Usually only the lower portion of the matrix is considered.

Understand the challenges in measuring the impact of HRM practices.

Distinguish between different types of costs related to HRM activities.

Comprehend the balanced HR scorecard approach.

Identify various measures and metrics used in HRM to assess policies and practices.

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Definitions:

Formal Hierarchy

The structured organizational layout that defines the levels of authority, responsibility, and communication within an organization.

Team-Based Organizational Structures

Organizational designs that focus on grouping employees into teams to accomplish tasks and achieve objectives.

Functional Structures

An organizational format that divides the company based on specialized functional areas, such as marketing, finance, and engineering.

Flexibility

The ability to adapt to changes, challenges, or new circumstances quickly and efficiently in both personal and professional contexts.