Answer:
Human resources planning is relevant to organizational productivity because it allows a company to maintain and better target the right talent for longevity. It also enables managers to better train and develop the skills needed in the workforce.
Explanation:
Human Resource planning is the foundation of a company's workforce talent. Employees are what make or break a company.
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It is Cycle Time that tells us how frequently a product is completed.
<h3>What is Cycle time?</h3>
Cycle time is a measurement of how long it takes a company to produce a good or provide a service. Learning how to determine cycle time will help you improve your production processes. This page provides a definition of cycle time, an explanation of its importance, step-by-step directions, and an example to assist you in calculating the cycle time for your company.
Cycle times can point out places where a business might simplify its procedures in order to increase sales and speed up the production of goods. Cycle times can be used to pinpoint the particular problem that might be causing the output to be sluggish.
Consequently, the phrase "cycle time" describes how frequently a product is finished.
Thus, the cycle time term tells us how frequently a product is completed
For more information on<u> cycle time</u>, refer to the following link:
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Answer:
40%
Explanation:
The four firm concentration ratio calculates the concentration ratio of the 4 largest firms in an industry.
Four firm concentration ratio = 0.2 + 0.1 + 0.07 + 0.03 = 0.4 = 40%
