The First Phase of the Human Resource Management Process Involves

question 67

Multiple Choice

The first phase of the human resource management process involves ________.

• A) human resource planning, compensation, and benefits
• B) human resource planning, selection, and performance management
• C) human resource planning, recruitment and decruitment, and selection
• D) human resource planning, recruitment and decruitment, and orientation

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Definitions:

Variable Cost

Costs that change in proportion to the level of goods or services that a business produces, as opposed to fixed costs which remain constant regardless of production volume.

Contribution Rate

The percentage or amount that is contributed to a retirement or investment plan, usually on a regular basis, by an employer, employee, or both.

Monthly Sales

The total revenue generated from sales activities within a calendar month.

Graphical Approach

A method of solving problems or illustrating concepts by using diagrams, charts, or graphs.