MATCHING KEY TERMS AND DEFINITIONS

question 80

Multiple Choice

MATCHING KEY TERMS AND DEFINITIONS
-Aligning HR policies and decisions with the organizational strategy and mission.

• A)Employee relations function
• B)Scientific management
• C)Maintenance function
• D)Training and development function
• E)Hawthorne Studies
• F)Controlling
• G)Motivation function
• H)Planning
• I)Leading
• J)Organizing
• K)Shared services
• L)Communication programs
• M)Management
• N)Strategic human resource management
• O)Staffing function
• P)Labor union
• Q)Compensation and benefits

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Definitions:

Reserve Requirement

The minimum amount of reserves that a bank is required to hold by law as a percentage of its deposits, used by central banks to control the money supply.

Open Market Sale

The selling of government bonds and securities in the open market to decrease the money supply.

Money Supply

The whole of economic resources in an economy, represented by cash, coins, and checking and savings accounts' balances, at a given time.

Excess Reserves

Excess reserves refer to the capital reserves held by a bank or financial institution in excess of what is required by regulations, guidelines, or central bank requirements.