Examlex

Solved

A Forecasting Technique for Determining Future Staff Needs by Using

question 71

Multiple Choice

A forecasting technique for determining future staff needs by using ratios between sales volume and the number of employees needed is


Definitions:

Flexible Exchange Market

Refers to a foreign exchange market where exchange rates are allowed to move due to market forces without intervention by country governments.

Equilibrium Quantity

The amount of goods supplied that is equal to the amount of goods demanded in a market, reached at the intersection of the supply and demand curves.

Demand Curve

A graph showing the relationship between the price of a good and the amount of the good that consumers are willing and able to purchase at that price.

Exchange Rate

The price of one currency expressed in terms of another currency.

Related Questions