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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.
discuss the four objectives of a trade union in collective bargaining and the four conditions for the trade union''s success?
what is the importance of succession planning?
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