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Q. Mathematical models of Forecasting techniques ?
Mathematical models: this expresses the relationship between the independent variables (like investment, sales, production etc) and dependent variables (number of the workers required). This is a number of variables influencing man power future needs are put into a formula. Several types of models like regression, optimization and probabilistic models can be used. These are complex and are used only by the big organizations.
To which extent can HARD HR approach be taken by an organization
Write a menu-driven program 1) The cost to become a member of a fitness center is as follows: (a) Senior citizens discount is 40%, (b)If membership is bought and paid for
objectives of job design
HR demand forecast Demand forecasting is the process of estimating the future quantity and quality of the people required. The basis of the forecast must be the annual budget a
Q. What do you mean by Application pool ? Application pool: whatever the method of recruitment is adopted, the ultimate objective is to attract as many candidates as possible s
De-cruitment in the context of the Break-Even model
Question: It has often been found that although organizations claim to have reward management systems in place they fail to get the expected results in terms of workers' produc
What are the development phase of Human resources management concept?
Job analysis is a systematic process of determining the skills, duties, and knowledge required for performing jobs in an organization. It provides a summary of a job's duties and r
Explain Psychological Tests. Psychological Tests: These tests are conducted with a view to ascertaining for performing a particular job the mental suitability of the candidat
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