Asked by Stacie Batchelor on Jun 08, 2024
Verified
Using the Markov model,what are the five possible movements/changes that an employee can make in an organization?
Markov Model
A statistical model used to predict the probability of different states or events based on current conditions, often used in decision-making processes.
Movements/Changes
The evolution or shift in processes, strategies, or positions within an organization, aimed at adaptation or improvement.
- Comprehend the application of Markov models for predicting employee transitions within a company.
Verified Answer
AB
Aryan BhatnagarJun 08, 2024
Final Answer :
∙ remaining in the current job
∙ promotion to a higher-classified job
∙ a lateral transfer to a job with a similar classification level
∙ exit from the job:
o termination
o lay-off
o voluntary leaving by the employee
∙ 5demotion
∙ promotion to a higher-classified job
∙ a lateral transfer to a job with a similar classification level
∙ exit from the job:
o termination
o lay-off
o voluntary leaving by the employee
∙ 5demotion
Learning Objectives
- Comprehend the application of Markov models for predicting employee transitions within a company.
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