The process of getting, training, appraising, and compensating employees, and of attending to their labor relations, health and safety, and fairness concerns is known as:

The process of getting, training, appraising, and compensating employees, and of attending to their labor relations, health and safety, and fairness concerns is known as Human Resource Management.

Explanation:

(1) Human Resource Management is basically the management of the processes from start to end with respect to the people thought to be a part of the organization in the near future. The starting processes include getting, training and compensating people also and the end processes include compensating employees, attending to their labor relations, health and safety and fairness concerns.

(2) Human Resources i.e. the people are the biggest asset of an organization and thus are referred to as Human Capital. Their good management can make the smaller businesses rise to bigger businesses. The objectives of the organisation and the human resources should move side by side in, so that both the organisation and the people in it can prosper.

Hence, we can say that human resource management is the key which makes differences between a successful organization and a failed organization possible.

The correct answer is "Human Resource Management (HRM)".

Explanation:

Human resource management ( HRM) can be defined as the management process in a company that helps in completing company goals by maximizing the employees' performance in achieving their goals.

Human resource management works for mainly 5 basic functions. i.e.

Planning: Planning is a concept where plans and rules are developed to achieve the goals.

Organizing:  Organizing is a concept that shows the chain and channel of communication and work order for employees.

Staffing: Staffing shows the concept of hiring of employees according to the company needs.

Leading: Leading shows the concept of motivating and appraising employees.

Controlling: Controlling shows the concept of controlling the manpower so that company goals for sales and quality can achieve.

I spent 60% of my last month income.

If I won a lottery of $1,000, I would save all of it.

In most cases, average and marginal propensities to consume changes with an increase in income.

 

Explanation:

The Average Propensity to Consume is the percentage split between income spent and income saved. Marginal Propensity to Consume is the additional increase or decrease in consumption when income changes.

The factors which influence APC and MPC are;

Consumer Confidence Index (CCI) - the degree to which a consumer believes in the performance of the economy. If the consumer believes that given the state of the economy, their financial prospects are secure, they will spend more. Some of the factors that positively influence CCI are:Increases in Disposable Income as a result of government activities and/or policies. Increase in disposable income from other sources

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