Topic 3

Question 1

Define the Term “Demand.”

Answer 1

The number and types of employees you will need to achieve the organization’s strategic mission

Question 2

Define the Term “Supply.”

Answer 2

The number and types of employees who will be available now or in the future to fill the jobs

Question 3

Delphi Technique

Answer 3

A method of group decision-making and forecasting that involves successively collating the judgments of experts.

Question 4

Developing Data

Answer 4

The first phase of the process of human resources planning. Developing data includes taking inventories of the current workforce, projecting future needs, and understanding what will be required to meet those needs.

Question 5

HRP

Answer 5

Abbreviation for Human Resource Planning

Question 6

Human Resource Planning

Answer 6

Human resource planning, or HRP, involves forecasting the human resource needs of an organization and planning to meet those needs.

Question 7

List the Ways That Human Resource Planning Helps Organizations

Answer 7

To consider the organization’s future staffing needs, and to help execute the organization’s business strategy.

Question 8

Managerial Estimates

Answer 8

The most common method of estimating HR demand. Managerial estimates are typically made by top management (a top-down approach).

Question 9

Multiple Linear Regression

Answer 9

An extension of simple linear regression analysis. In multiple linear regression, instead of relating employment to just one variable, multiple variables are used.

Question 10

Nominal Grouping Technique

Answer 10

A group process involving problem identification, solution generation, and decision-making.

Question 11

Redundancy Planning

Answer 11

HR planning associated with the process of laying off employees who are no longer needed.

Question 12

Replacement Planning

Answer 12

Replacement planning uses charts that show the names of the current occupants of positions in the organization and the names of likely replacements.

Question 13

Simple Linear Regression

Answer 13

A projection of future demand is based on a past relationship between the organization’s employment level and a variable related to employment, such as sales. A linear regression shows how these measures are connected.

Question 14

Succession Planning

Answer 14

Succession planning tends to be long-term, developmental, and flexible. Although succession planning is widely practiced, many employers who use it tend to emphasize characteristics of managers and downplay characteristics of the positions to which the managers may eventually be promoted.

Question 15

What Actions Are Involved in Reduction Planning, to Maintain Dignity and Morale?

Answer 15

Planning should involve outplacement counseling, buy-outs, job skill retraining, and job transfers.

Question 16

What Are the 4 Steps or Phases in the HR Planning Process?

Answer 16

Phase 1: Developing Data. Phase 2: Establishing HR Objectives and Polices. Phase 3: HR Programming. Phase 4: HRP Control and Evaluation.

Question 17

What Are the Factors That Organizations Have Shifted Toward in Order to Attract Employees?

Answer 17

Increase employee self-control, increase bottom-up communications, emphasize intrinsic rewards, create more broadly defined job roles

Question 18

What Are the Supply Forecasting Methods?

Answer 18

Succession Planning and Replacement Planning

Question 19

What Is An “Attraction” Plan?

Answer 19

A type of HR program in which the employer creates a workplace culture that attracts and retains workers.

Question 20

What Is a “Reduction” Plan?

Answer 20

An HR program in which a company needs to lay off employees

Question 21

When Should Linear Regression Be Used Instead of Multiple Linear Regression?

Answer 21

When you have one variable with which you are forecasting labor demand (need), use linear regression; when there is more than one variable, use multiple regression.

Question 22

Which of the Demand Data Gathering Methods Are Judgmental Techniques?

Answer 22

Managerial estimate, Delphi technique, nominal grouping technique

Question 23

Which of the Demand Data Gathering Methods Are Statistical Techniques?

Answer 23

Linear regression, multiple linear regression, productivity ratios, trend analysis, stochastic analysis