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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.
Fayol's definition of management functions and actions differentiates between Five Elements: 1. Prevoyance. (Forecast & Plan). Investigating the future and making up a plan
Benefits to Employees The terms 'fringe benefits' & perks (perquisites) are sometimes utilized derogatively, but should be reserved for those worker benefits which are not bas
WHAT IS THE MODEL AND FRAMEWORK OF SHRM?
Demonstrations and examples or learning by seeing: In the demonstration method the trainer describes and displays something and when he teaches an employee how to do something
Q. Human resource factors of evaluation? Human resource factors: training programme can also be evaluated on the basis of the employee satisfaction which in turn can be viewed
Question 1: The Point-Rating System is the most appropriate method of Job Evaluation. Discuss. Question 2: (a) Explain Performance-Related-Pay (PRP) and what are its
I answered "no" to both questions, as did the majority of the class. It was my initial reaction to the question and that an employee couldn't be burdened with a purchase like that.
discuss recruitment and selection process
risk of mix product
What is training?
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