__________ Is a Technique That Makes Use of External Comparisons

question 45

Multiple Choice

__________ is a technique that makes use of external comparisons to evaluate current performance.

• A) Forecasting
• B) Benchmarking
• C) Allocating
• D) Justifying

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Definitions:

HR Dashboard

An aggregation of useful or relevant HR metrics or performance indicators that provide a summary snapshot of performance.

Key Performance Indicators

Quantifiable metrics used by organizations to evaluate success in meeting targets or achieving goals.

Strategic Needs

These are the critical requirements a business must meet to achieve its long-term goals and objectives.

Predictive Analytics

The use of data, statistical algorithms, and machine learning techniques to identify the likelihood of future outcomes based on historical data.