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At the macro level, human resources focuses on the overall mission and values of the organization. HR ensures that policies and procedures are carried out.

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A planning budget is prepared before the period begins and is valid for only the planned level of activity true or false?

True.


How can one determine the variable cost when given the fixed cost in a business scenario?

To determine the variable cost in a business scenario when given the fixed cost, you can subtract the fixed cost from the total cost. Variable costs are expenses that change based on the level of production or sales, while fixed costs remain constant regardless of production levels. By subtracting the fixed cost from the total cost, you can isolate the variable cost component.


Explain why both short-term and long-term planning are important?

short term is financial asset used to run business at the market level whereas longterm is to invest to get maximum profit.


What factors contribute to achieving a sustainable and natural level of output in a production process?

Factors that contribute to achieving a sustainable and natural level of output in a production process include efficient resource utilization, use of renewable materials, minimizing waste generation, implementing eco-friendly practices, and ensuring compliance with environmental regulations.


Why is the long run aggregate supply LRAS curve vertical?

The Long-Run Aggregate Supply Curve is vertical at full-employment GDP with respect to the price level. In the long-run the quantity of output supplied depends on the economy's resource endowment, technology, and its governing institutions. The price level does not affect these variables in the long-run.

Related Questions

Different levels of Human resource planning?

Human Resource Planning may be reagrded as the ongoing systematic process planning to acheive the optimum use of an orgnization's most valuable asset.It ensures the best fit between employees and jobs, while avoiding manpower shortages or surpluses.The process of Human Resource Planning is carried on various levels for the purpose of its own by various institutions. There are several levels of human resource planning in an industrial enterprises including:-National Level-Sectoral Level-Industry Level-Unit level-Departmental Level-Job level


The present state of recession in IT industry as a human resource manager how are you ging to undertake human resource planning at macro level to tide over the crisis?

The Present State of Recession in It Industry - as Human Resource Manager How Are You Going to Undertake Human Resource Planning at Macro Level to Tide over This Crisis?


As Human resource manager how are you going to undertake Human resource Planning at Macro Level to tide over this crisis?

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Define career planning in detail from human resource management?

Career planning generally outlines the process that allows an employee to move from one stage to another. In Human Resource management it involves assisting employees who may be groomed to higher level positions within the organization based on their performance.


What steps have been taken at international level to promote resource planning?

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What would someone do if they need to include resource capacity planning?

There are several things one needs to do to include resource capacity planning. One would need to do the following: determine service level requirements, analyze current capacity and plan for the future.


What is the importance of human resource planning at the national level and at the organizational level?

At National Level a proper and comprehensive HRP efforts can help us identify the levels of skills, knowledge and attitude of the young people of a country who are passed their studies in different disiciplines. It helps in forming both qualitative and quantitative strong points for a nation.


What is a human resource course used for?

Human resource courses are used as a starter for getting your foot in the door for a entry level HR position. These coursed vary in length from 2 weeks to 6 months.


Broadbanding in human resource management?

Broadbanding in HRM means that the number of subordinates who are supervised by one manager whatever his administrative level


What is the importance of Human Resource Management?

human resource is important because of following reasons: 1.improve quality of work life. 2. importance to society. 3. macro level significance. 4. a challenging task


Human resources relationship with operation management?

Operations management and human resource management are the two separate fields. They interact primarily on the administrative issues such as payroll, operations and human resources are intimately related at a fundamental level. Operations are the context that often explains or moderates the effects of human resource activities such as pay, training, communications and staffing.


What has the author J G Lyimo written?

J. G. Lyimo has written: 'Resource inventory for land use planning at village level' -- subject(s): Agriculture, Land use, Rural, Management, Natural resources, Planning, Rural Land use