Asked by Nurul Ainaa on Apr 24, 2024
Verified
What is the most common operational index used by organizations in a ratio analysis?
A) sales level
B) units produced
C) clients served
D) production hours
Ratio Analysis
A quantitative method of projecting HR demand by analyzing the historical relationship between an operational index and the number of employees required.
Operational Index
A quantifiable measure used to assess, compare, and track the efficiency or performance of a business's operations over time.
- Identify key operational indices for ratio analysis in HR demand forecasting.
Verified Answer
CH
Corey HillmanMay 02, 2024
Final Answer :
A
Explanation :
Sales level is the most common operational index used by organizations in a ratio analysis. This is because sales provide a primary source of revenue and are a direct reflection of the organization's ability to generate income. Other operational indices like units produced, clients served, and production hours may provide useful insights, but they are not as closely tied to the organization's financial performance as sales.
Learning Objectives
- Identify key operational indices for ratio analysis in HR demand forecasting.
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