Which of the Following Terms Refers to a Set of Human

question 52

Multiple Choice

Which of the following terms refers to a set of human resource management policies and practices that promote organizational effectiveness?

• A)management by objectives system
• B)human resource metric
• C)high-performance work system
• D)strategic human resource map

Apply fixed and variable cost estimates in budget forecasts.

Examine how budgeting assists in decision making for operational efficiency.

Analyze the impact of activity levels on budgeted revenue and expenses.

Interpret financial data to assess organizational performance.

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Definitions:

Federal Open Market Committee

The branch of the Federal Reserve System responsible for overseeing the nation's open market operations and making key decisions about interest rates and the growth of the United States money supply.

Discount Rate

The interest rate charged by central banks on loans and advances to commercial banks and other financial institutions.

Reserve Requirements

Reserve requirements are central bank regulations that set the minimum amount of reserves that commercial banks must hold, either in their vaults or deposited with the central bank, as a percentage of their deposit liabilities.

Central Bank

An institution that manages a state's currency, money supply, and interest rates.