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What planning decisions are made by each level?
In organizational planning, strategic decisions are made at the top level, focusing on long-term goals and overall direction. Tactical decisions are made at the middle management level, translating strategic plans into specific actions and initiatives. Operational decisions occur at the lower management level, involving day-to-day activities and resource allocation to implement tactical plans. Each level ensures alignment with the organization's objectives, with a clear flow of information and responsibility.
What is a budget forecast demographic?
A budget forecast demographic refers to the specific characteristics of a population segment that influence financial planning and budgeting. This can include factors such as age, income level, geographic location, and employment status. Understanding these demographics helps organizations predict revenue, expenses, and resource allocation, enabling more accurate financial planning and decision-making. By analyzing these trends, businesses can tailor their strategies to better meet the needs of their target audience.
A planning budget is prepared before the period begins and is valid for only the planned level of activity true or false?
True.
When there are many small businesses selling one standardized product in the market this is called?
When many small businesses sell one standardized product in the market, it is referred to as perfect competition. In this market structure, no single seller can influence the market price, as the product is identical across all sellers. Consumers have many choices, leading to a high level of competition among businesses. This scenario typically results in efficient resource allocation and minimal market power for individual firms.
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.
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?
Answer this question
How the strategic planning carried out at different levels of organization?
Strategic planning is conducted at various organizational levels—corporate, business, and functional—each with a distinct focus. At the corporate level, the emphasis is on overarching goals and resource allocation across the entire organization. Business-level planning concentrates on competitive positioning and market strategies for specific product lines or segments. Functional-level planning involves detailed operational plans that support the broader strategies, ensuring alignment across departments such as marketing, finance, and human resources.
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.
