Two Useful Tools for Estimating the Supply of Needed Human

question 157

Multiple Choice

Two useful tools for estimating the supply of needed human resources are the

• A) recruiting chart and skills inventory.
• B) employee survey and skills chart.
• C) performance appraisal and replacement chart.
• D) replacement chart and skills inventory.
• E) skills inventory and attrition graph.

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Definitions:

Net Present Value

A method used to evaluate the profitability of an investment, calculating the difference between the present value of cash inflows and outflows over a period.

Discount Rate

The interest rate used in discounted cash flow (DCF) analyses to determine the present value of future cash flows.

Payback Period

The period needed to recoup the expenses of an investment.

Scrap Value

The estimated residual value of a fixed asset at the end of its useful life, often considered when calculating depreciation.