The benefits from nonmarket action are higher when there are other means of generating them

To measure value, the concept of time value of money is used

A) to determine the interest rate paid on corporate debt. B) to bring the future benefits and costs of a project, measured by its expected profits, back to the present. C) to ensure that expected future profits exceed current profits today. D) to bring the future benefits and costs of a project, measured by its cash flows, back to the present.

Which of the following phases of human resource planning involves decruitment?

A) developing a plan to recruit and select people to fill vacant and anticipated new positions B) estimating the company's future human resource needs C) taking an inventory of the company's current human resources D) promoting employees to positions of greater responsibility