A System Used to Collect,record,store,analyze,and Retrieve Data Concerning an Organization's

question 82

Short Answer

A system used to collect,record,store,analyze,and retrieve data concerning an organization's human resources is referred to as a(n)________.

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Definitions:

Average Total Cost

The cost per unit of output, calculated by dividing the total cost of production by the quantity of output.

Perfect Competition

A market structure characterized by a large number of small firms, a homogeneous product, free entry and exit, and perfect information.

Perfect Competitor

A theoretical market structure where numerous small firms compete against each other without having any significant market power.

Output

The total amount of goods and services produced by an economy or a firm.