What type of model utilizes a series of matrices that detail the various patterns of movement to and from the various jobs in an organization?

Question

Quizplus · Accepted Answer

The model that utilizes a series of matrices to detail patterns of movement to and from various jobs in an organization is known as the Markov model. It is a mathematical model that allows organizations to predict the probability of an employee moving from one job to another within the company. The model is based on the analysis of historical data and is useful for workforce planning and talent management. Therefore, the correct choice is B.

What Type of Model Utilizes a Series of Matrices That