Describe an HR Dashboard

question 14

Essay

Describe an HR dashboard.

Comprehend the impact of significant economic events, such as OPEC's oil price changes.

Understand the effect of unanticipated inflation on various economic actors.

Grasp the structure of the labor force and the definition of unemployment.

Understand the phases of the business cycle and their characteristics.

---

Definitions:

Rational-legal

Rational-legal authority is a form of leadership where authority is legitimized by legal rules and regulations, and the power is attached to certain positions rather than individuals.

Charismatic

Possessing a compelling charm or appeal that inspires devotion or admiration in others.

Traditional

Adhering to or denoting ways of doing things that are passed down from generation to generation, often resistant to change.

Power Elite

A small group of powerful individuals who hold significant wealth, political influence, and authority in society, often shaping policy and decision-making.