What are the two ways HR metrics can used for benchmarking HR activities and programs?
What will be an ideal response?
1. Benchmarking can be used to compare your metrics against other organizations’ metric, survey data, and so forth to evaluate your performance.
2. Benchmarking can be used by designating a time frame (plan year, fiscal year, etc.) within the organization for comparison. Data and results going forward using the same time frame (Year 1, Year 2, Year 3, etc.) can show improvement or decline.
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List and explain three types of quality costs
A company has provided a sales budget for the next four months (January, February, March, and April). It bases its production budget on the sales budget, and has a policy that each month's ending inventory of finished product must be equal to 25% of the following month's sales needs. The direct materials purchases budget is based on the production budget. The company's policy for each month's
ending inventory of raw materials is that they must be equal to 10% of the following month's production needs for raw materials. Given this information, the company can prepare direct materials purchases budgets for how many months? A) one B) two C) three D) four E) five
A major difference between the memorandum format and the letter format is
a. the memo omits the salutation and complimentary close. b. the memo double spaces paragraphs. c. the memo omits reference initials. d. the memo must be printed on a memo form.
What two modes of transportation are used when containers are shipped by piggyback?
A. Railroads and airways B. Trucks and airways C. Pipelines and trucks D. Waterways and railroads E. Railroads and trucks