S6 Quiz

Question 1

how do statistical forecasting methods differ from judgmental forecasting methods with regard to the labor market?

Answer 1

c. statistical methods are excellent for capturing historic trends

Question 2

The final step in the planning process is to \_\_\_\_\_.
establish forecasting methods
implement recruiting methods
evaluate results
formulate strategies
set goals and objectives

Answer 2

evaluate results

Question 3

Effective HRP helps an organization to do all of the following EXCEPT:

Answer 3

COMPLY WITH PRIVACY LAWS

Question 4

In the face of demographic pressures dealing with aging workforce, many employers try to use ____ among their older workers through early retirement incentive programs

Answer 4

Voluntary attrition

Question 5

Which of the following is a challenge associated with an outsourcing strategy?

Answer 5

Quality-control problems

Question 6

52) Specific strategies must be formulated to balance supply and demand. Possible scenarios are:
A) expected demand matches supply.
B) there is a shortage of labour.
C) supply matches expected demand.
D) labour supply exceeds demand.
E) all of the above.

Answer 6

ALL OF THE ABOVE

Question 7

When a company faces a shortage of employees in the workforce, and it predicts that current demand for products or services may not extend to the future, it will

a try to garner more hours out of the existing labor force.

b recruit and train new employees.

c be willing to hire part-time employees.

d decrease the production rate by half to meet quality standards.

e lease out its machinery to other factories, thereby maintaining income.

Answer 7

try to garner more hours out of the existing labor force.

Question 8

The value of a proportion in a transitional matrix is 0.4. Its column headings and row headings are the same. This means:

Answer 8

40 percent people remained in the job category represented by the row.

Question 9

Which of the following is not an advantage of internal recruitment?
it leads to lower turnover rates
it is typically less costly for employers
Employees appreciate internal recruitment because it provides opportunities for personal development and career advancement
inbreeding

Answer 9

inbreeding

Question 10

Which of the following is an advantage of statistical forecasting methods?

Select one:
a. They are particularly useful in dynamic environments.

b. Under the right conditions, they provide predictions that are much more precise than judgmental methods.
c. They are particularly useful in predicting important events that have no historical precedent.
d. They are invariably better than the “best guesses” of experts.
e. They can be used to reduce dependence on secondary data for making forecasts and predictions.

Answer 10

b. Under the right conditions, they provide predictions that are much more precise than judgmental methods.

Question 11

Which of the following is NOT an advantage of temporary workers?

Higher quality of service provided by temporary workers.
Reduced training cost
Companies free from administrative tasks
High flexibility
Objective perspective from the temporary workers.

Answer 11

(maybe) Higher quality of service provided by temporary workers.

Question 12

________ is the planned elimination of large numbers of personnel designed to enhance organizational effectiveness.

Answer 12

Downsizing

Question 13

Many problems with downsizing can be reduced by:

Answer 13

engaging in better human resources planning.

Question 14

Specific strategies must be formulated to balance supply and demand. Possible scenarios are:

there is a shortage of labour. 
  expected demand matches supply. 
  labour supply exceeds demand. 
  supply matches expected demand. 
  all of the above

Answer 14

all of the above

Question 15

The goals that are set in the human resource planning process should come directly from:

Answer 15

the analysis of labour supply and demand.

Question 16

Temporary employment:

Answer 16

brings an objective point of view to the organization’s problems and procedures

it is most effective for key customer service jobs.

Question 17

In the face of demographic pressures dealing with an aging workforce, many employers try to use ________ among their older workers through early retirement incentive programs.

Answer 17

voluntary attrition

Question 18

Effective HRP helps an organization to do all of the following EXCEPT

Answer 18

comply with privacy laws.

Question 19

Each of the following is a relatively fast method to reduce an expected labour surplus EXCEPT

Answer 19

retraining.

Question 20

Which of the following options for avoiding an expected labour shortage has the benefit of being a relatively fast solution with high revocability?

Answer 20

Overtime

Question 21

Which of the following is NOT an issue of older workers.

Answer 21

Older workers have more experience and specialised knowledge

Question 22

The final step in the planning process is to

Answer 22

evaluate results.

Question 23

How do statistical forecasting methods differ from judgmental forecasting methods with regard to the labour market?

Answer 23

Statistical methods are excellent for capturing historic trends. (dunno)

Question 24

Alice is the HR consultant advising Nexus Inc., a small but successful software development firm on how to conduct human resource planning. She is currently explaining the “forecasting supply” step in the planning process to the CEO and confirms that projected openings are to be filled by using two sources. They are:

Answer 24

internal and external supply

Question 25

Due to a series of resignations from the organization, Zylon Inc., a large software firm, is facing an acute labour shortage. During which of the following human resource planning steps would the firm contemplate several options to address the labour issue?

Answer 25

Goal setting and strategic planning

Question 26

transitional matrix is formed to analyse the job categories held by employees in 2008 and the proportion of employees in each of those job categories in 2010. The third row represents sales executives and the second column represents sales managers. The cell which belongs to the third row and second column has a value 0.2. This means:

Answer 26

20 percent sales executives were promoted.

Question 27

Which of the following terms is a method to determine labour supply through a chart that lists job categories held in one period and shows the proportion of employees in each of those job categories in a future period?

Answer 27

Transitional matrix

Question 28

Which of the following options for avoiding an expected labour shortage is a slow solution and has low revocability?

Answer 28

Technological innovation

Question 29

Which of the following is a disadvantage of using temporary and contract workers?

Answer 29

These workers will be less committed to the organization

Question 30

Which of the following is most likely to lead to a successful downsizing?

Answer 30

Avoiding indiscriminant reductions

Question 31

Which of the following is true about temporary workers?

Answer 31

Temporary workers give employers some flexibility to respond to fluctuations in consumer demand for their products and services.