The option that best describes the difference between HR planning and a staffing plan is this:
B. Unlike HR planning, a staffing plan identifies only the company's present hiring needs.
<h3>What is the difference between HR planning and staffing?</h3>
The difference between the two mentioned concepts lies in the fact that HR planning is a long-term plan that is aimed at trying to understand how the staffing needs of the company can be improved for better success.
Unlike HR planning, a staffing plan is aimed at identifying the immediate employment needs of the company and filling them up. In businesses, HR planning is very vital to building sustainability. Staffing is also important but it only considers the interim.
So, the difference between these two concepts can be pinned down to the time factor. While one satisfies a need immediately, the other looks at the future and makes reasonable plans that ensure sustainability.
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Answer:
• Cost of direct materials used $172,000
• Cost of direct labor $154,000
• Cost of goods manufactured $401,700
• Cost of goods sold $427,500
• Gross profit $1,472,500
Explanation:
Please see attached detailed solution to the above questions and answers.
If the Federal reserve want to increase the money supply what they would do would be to reduce or lower the discount or the interest rate in the economy.
When the interest rate is lowered, it would discourage savings. There would be an increase in the consumption of goods and services in the economy.
Also lowering the discount rate is going to cause the banks to want to borrow more reserves from the Fed. It would then be able to create more loans.
This would lead to a raise in the money supply.
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Answer:
The correct answer is option C.
Explanation:
A rightward shift in the demand curve means that at the same price levels, the consumers are demanding more of the commodity. A rightward shift in the demand curve causes it to intersect with the supply curve at a higher point.
The equilibrium point shifts upward. This causes both equilibrium quantity and price level to increase.
A leftward shift, on the other hand, causes the equilibrium price and quantity to decrease.
