A chart that lists job categories held in one period and shows the proportion of employees in each of those categories in a future period is called a _____.
A) labor review
B) trend analysis
C) forecast
D) leading indicator
E) transitional matrix

Question

Quizplus · Accepted Answer

The given description perfectly matches the definition of a transitional matrix. It shows the movement of employees between job categories over a period of time, indicating the proportion of employees that shifts from one category to another. The other options do not fit the given description accurately. A labor review involves analyzing the current state of the workforce, while a trend analysis examines past data to identify patterns and make predictions. A forecast predicts future events based on past data and trends. A leading indicator is a statistic used to predict changes in economic activity, while a transitional matrix tracks employee movement between job categories.

A Chart That Lists Job Categories Held in One Period