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WGU C234 Study Guide Latest Rated A "Workforce Planning" The HR function that links workforce strategies with the strategic goals and objectives of the organization. Workforce planning is about forecasting staffing needs, helping to ensure that the organization has the right number of employees, with the right skills, at the right time. Competency The knowledge, skills, abilities, and behaviors that are essential for successful performance. competency modeling Refers to the process of...

WGU C234 Study Guide Latest Already Passed "Workforce Planning" The HR function that links workforce strategies with the strategic goals and objectives of the organization. Workforce planning is about forecasting staffing needs, helping to ensure that the organization has the right number of employees, with the right skills, at the right time. Competency The knowledge, skills, abilities, and behaviors that are essential for successful performance. Competency Modeling Refers to the pro...

WGU C232 Study Guide Questions and Answers 100% Solved What role does the planning function of human resource management play within organizations? Strategic and short & medium range planning Align human resources with strategic mission of organization What role does the staffing function of human resource management play within organizations? Recruiting and selection of people with the needed skills of jobs within the organization What are the types of employee compensation? Direct and i...

WGU C232: Introduction to Human Resource Management- Already Passed Managerial Estimates The most common method of estimating HR demand. These are typically made by top management (a top-down approach). Multiple Linear Regression An extension of simple linear regression analysis. However, instead of relating employment to just one variable, multiple variables are used. Nominal Grouping Technique A group process involving problem identification, solution generation, and decision-making. R...

WGU C232: Introduction to Human Resources Assessment Questions and Answers Already Passed 1. Which hr resource function helps the organization understand the number and type of employees the organization will need in the future? a. Recruiting b. Planning c. Appraising d. Compensating Planning 2. What are two societal trends that are influencing the world of work? a. Decreasing world trade b. Changes in communication technology c. Lower college graduation rates d. Increased competiti...

WGU C483 Principles of Management Practice Questions and Answers 100% Pass A value chain is the sequence of activities that begins with raw materials. What result does a value chain end with? delivery of products and services what happens when an effective value chain is created profit margins are increased industry and market, competitor analysis, and social analysis are examples of which step in strategic planning process analysis of exteral opportunities and threats skilled management...

WGU C483 Principles of Management Practice Questions and Answers 100% Pass A value chain is the sequence of activities that begins with raw materials. What result does a value chain end with? delivery of products and services what happens when an effective value chain is created profit margins are increased industry and market, competitor analysis, and social analysis are examples of which step in strategic planning process analysis of exteral opportunities and threats skilled management...

WGU C483 Principles of Management Questions and Answers with Complete Solutions Accommodation A style of dealing with conflict involving cooperation on behalf of the other party but not being assertive about one's own interests Accounting audits Procedures used to verify accounting reports and statements Acquisition One firm buying another Activity-Based costing (ABC) A method of cost accounting designed to identify streams of activity and then to allocate costs across particular busine...

WGU C483 Test Prep - Principles of Management – Latest Graded A Delivery of products or services A value chain is the sequence of activities that begins with raw materials. What result does a value chain end with? Choose 1 answer Supply and demand Operations and logistics Outsourcing or insourcing Delivery of products or services Profit margins are increased. What happens when an effective value chain is created? Choose 1 answer Profit margins are increased. A mission statement i...

WGU Principles of Finance C708 PreAssessment Questions and Answers Rated A+ $227 million A company has fixed assets of $509 million, total equity of $218 million, current liabilities of $128 million, and long-term debt of $390 million. What is the total for the company's current assets? a.) $262 million b.) $119 million c.) $128 million d.) $227 million $114.9 million A company has just reported sales of $557 million, costs of goods sold of $150 million, depreciation of $190 million a...