Question
In human resource planning, which of the technique is
the fastest?Solution
Ratio analysis is one means of ensuring that you have the right amount of employees for the amount of work by determining the number of employees needed based on some element of production or sales. Ratio analysis is the process of determining the future demand for human resources by calculating the ratio between a particular business variable and the number of employees a company needs. It especially helps you forecast those growth-driven personnel needs.
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