Exam 5: Planning for and Recruiting Human Resources

Tex Tools applies its in-depth understanding of the challenges facing manufacturers to design and build custom machine tools that are highly valued by business customers. To maintain its competitive advantage, Tex Tools also wants to avoid spending more than is necessary on administrative activities such as managing employee benefits. What would be the most effective way for Tex Tools to minimize administrative expenses without sacrificing quality?

What are the most widespread methods for eliminating labor shortages?

In order to cultivate a favorable picture of the organization, Shubert Group, a financial services corporation, advertises itself to potential applicants by using the slogan, "Investing in you no matter what road you take." This scenario is an example of ________ advertising.

Statistical models are used for forecasting labor demand because they are good at capturing "once-in-a-lifetime" changes.

________ formally lay out the steps an employee may take to appeal an employer's decision to terminate that employee.

Trinkets Inc., a manufacturer of widgets, has entered into a contract with a third party to perform services related to processing orders, managing inventory levels, and shipping products to customers. The company is engaged in

Which statement is correct regarding internal recruitment sources?

What are early retirement programs? What is a phased-retirement program and what are its benefits?

Betty heads the production department at Riffer Inc., a firm that stresses the importance of maintaining regular contact with customers. Betty is expecting a labor surplus in the future. Mike, a supervisor, recommends downsizing as an option to deal with this labor surplus, however, Betty rejects this option. Which statement will validate that Betty made the right decision?