Asked by Arely Arlyn Martinez on Sep 23, 2024
Calculating the economic value of any HR practice is:
A) extremely difficult
B) fairly easy
C) unnecessary if the practice has a low dollar value
D) necessary only if cost estimates must fall within budgetary constraints
E) none of the above
Economic Value
The worth of a good or service determined by the market forces of demand and supply, or the utility it provides to individuals or society.
- Promote the monetary importance and applicability of appraisal centers and different selection mechanisms.
Learning Objectives
- Promote the monetary importance and applicability of appraisal centers and different selection mechanisms.
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