MGT CH.5 Final Exam Questions Correctly Answered.
In the context of forecasting the demand for labor, leading indicators are objective measures that accurately predict future labor demand. - CORRECT ANSWER True
A transitional matrix is a chart that lists job categories held in one period an...
MGT CH.5 Final Exam Questions Correctly Answered.
In the context of forecasting the demand for labor, leading indicators are objective measures that accurately predict future labor demand. - CORRECT ANSWER True
A transitional matrix is 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. - CORRECT ANSWER True
The goals in any organization sets in its human resource planning process should come directly from the analysis of its labor supply and demand. - CORRECT ANSWER True
Downsizing can be used to produce surplus labor because it yields fast results. - CORRECT ANSWER True
Downsizing disrupts the social networks through which people are creative and flexible. - CORRECT ANSWER True
In the context of employing temporary and contract workers, if the person providing the service is a contractor and not an employee, the company is not supposed to directly supervise the worker. - CORRECT ANSWER True
Contracting with another organization to perform a broad set of services is called outsourcing. - CORRECT ANSWER True
When implanting an HR strategy, the organization must hold some individual accountable for achieving the goals. - CORRECT ANSWER True
The steps in a workforce utilization review are identical to the steps in the HR planning process. - CORRECT ANSWER True In general, all companies have to make decisions in three areas of recruiting; personnel policies, recruitment sources, and the characteristics and behavior of the recruiter. - CORRECT ANSWER True
Many of the people reading classified ads are either over- or under qualified for the position. - CORRECT ANSWER True
In the context of recruiter traits and behavior, the recruiter affects the nature of both the job vacancy and the applicants generated. - CORRECT ANSWER True
Which of the following is the first step in the human resource planning process? - CORRECT ANSWER Forecasting
Identify the benefit of applying statistical forecasting methods. - CORRECT ANSWER Under the right conditions, they provide predictions that are much more precise than judgmental methods.
Organizations carry out human resource planning to: - CORRECT ANSWER Gain an advantage over competitors.
In the context of human resource planning, the primary goal of forecasting is to: - CORRECT ANSWER Predict labor shortages or surpluses in specific areas of an organization.
In the context of forecasting the demand for labor, using trend analysis, inventory levels, changes in technology, and actions of competitors are examples of: - CORRECT ANSWER Leading indicators.
Sasha, a production manager at ZestCorp Inc., must predict future labor demand using information about inventory levels for the past three years. Saha is most likely using ________ to predict the demand. - CORRECT ANSWER Trend analysis
Janet, an HR manager at SenNet Inc., hires employees who have a specific set of skills that will give her company advantage over its competitors. In the context of strategic planning, Janet is: - CORRECT ANSWER Hiring individuals with a core cometency
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