Write a short note on skills inventory. What are its advantages?
What will be an ideal response?
A skills inventory consolidates information about an organization's human resources. It provides basic information on all employees, including, in its simplest form, a list of the names, certain characteristics, and skills of employees. Because the information from a skills inventory is used as input into promotion and transfer decisions, it should contain information about each employee's portfolio of skills, not just those relevant to the employee's current job.
The primary advantage of a skills inventory is that it furnishes a means to quickly and accurately evaluate the skills available within the organization. In addition to helping determine promotion and transfer decisions, this information is often necessary for making other decisions, such as whether to bid on a new contract or introduce a new product. A skills inventory also aids in planning future employee training and management development programs and in recruiting and selecting new employees.
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When bonds are sold at face value between interest dates, the result is a debit to the Cash account that
A) equals face value. B) depends on the circumstances. C) is less than face value. D) exceeds face value.
Each bank in a collection chain must pass a check on before midnight of the next business day following its receipt.
Answer the following statement true (T) or false (F)
The APR for Renee's charge account at Super Mart is 21%. Using the previous balance method, what are the finance charges on Renee's previous balance of $645.32?
A) $11.29 B) $13.55 C) $111.29 D) $135.52
Why is it important to align your strengths with the critical skills required in your dream job?
What will be an ideal response?