Question 1

Which concept refers to a proposed sequence of events with its own set of assumptions and associated program details?

Accepted Answer

A)  contingency plans 
B)  Predictions 
C)  Projections 
D)  Scenarios 
A)  contingency plans 
B)  Predictions 
C)  Projections 
D)  Scenarios

Question 2

If an organization does not incorporate information from the external environment, what impact will this have on HR forecasting?

Accepted Answer

A)  Lack of specificity in HR forecasting from top management. 
B)  Elimination of personnel policies that are irrelevant to competitors. 
C)  Incompatibility between organizational goals and HR planning. 
D)  Avoidance of producing environmental scans with organizational input. 
A)  Lack of specificity in HR forecasting from top management. 
B)  Elimination of personnel policies that are irrelevant to competitors. 
C)  Incompatibility between organizational goals and HR planning. 
D)  Avoidance of producing environmental scans with organizational input.

Question 3

List the FIVE steps in HR forecasting in their appropriate order.

Accepted Answer

a.Identify organizational goals, objecti

Question 4

HR forecasting will determine the supply of human resources but not the demand.

Accepted Answer

A) True 
 B)False

Question 5

Which of the following is NOT a source of external HR supply for an organization?

Accepted Answer

A)  current staff 
B)  competitors' employees 
C)  unemployed persons 
D)  university students 
A)  current staff 
B)  competitors' employees 
C)  unemployed persons 
D)  university students

Question 6

What type of forecasting occurs in terms of two- to five-year segments?

Accepted Answer

A)  current 
B)  short-run 
C)  medium-run 
D)  long-run 
A)  current 
B)  short-run 
C)  medium-run 
D)  long-run

Question 7

According to the textbook, which of the following is NOT considered a useful global HR planning consideration that would encourage employee collaboration?

Accepted Answer

A)  Maximize the use of technology. 
B)  Take advantage of differences in time zones. 
C)  Promote a multi-lingual workforce. 
D)  Use an HR Management System to eliminate duplicate costs. 
A)  Maximize the use of technology. 
B)  Take advantage of differences in time zones. 
C)  Promote a multi-lingual workforce. 
D)  Use an HR Management System to eliminate duplicate costs.

Question 8

Forecasting activity for HR planning can be subdivided into two categories: transaction-based and event-based.

Accepted Answer

A) True 
 B)False

Question 9

According to the University of Sheffield's Effectiveness Program, which item was the most important influence on the organization's bottom-line performance?

Accepted Answer

A)  technology 
B)  competitive strategy 
C)  research and development 
D)  people management 
A)  technology 
B)  competitive strategy 
C)  research and development 
D)  people management

Question 10

HR forecasting is referred to as the "heart" of the HR planning process.

Accepted Answer

A) True 
 B)False

Question 11

What is HR forecasting? Briefly describe the advantages that accrue to organizations from instituting effective HR forecasting procedures.

Accepted Answer

Constitutes the heart of the HR planning

Question 12

Which of the following is NOT an internal factor that will affect HR demand?

Accepted Answer

A)  downsizing management 
B)  vacations and sick days 
C)  planned redundancy 
D)  training and development 
A)  downsizing management 
B)  vacations and sick days 
C)  planned redundancy 
D)  training and development

Question 13

Which of the following external factors affect HR forecasting?

Accepted Answer

A)  managerial appraisals 
B)  competitor's HR policies 
C)  executive career planning 
D)  training and development 
A)  managerial appraisals 
B)  competitor's HR policies 
C)  executive career planning 
D)  training and development

Question 14

What techniques do HR managers use to encourage employee collaboration for global forecasting?

Accepted Answer

A)  Minimize use of technology like e-mail and teleconferencing. 
B)  Schedule work to take advantage of time zone differences. 
C)  Eliminate all duplicating personnel for greater efficiency. 
D)  Incorporate specific cultures related to contingent workers. 
A)  Minimize use of technology like e-mail and teleconferencing. 
B)  Schedule work to take advantage of time zone differences. 
C)  Eliminate all duplicating personnel for greater efficiency. 
D)  Incorporate specific cultures related to contingent workers.

Question 15

Transaction-based forecasting is concerned with changes in the external environment.

Accepted Answer

A) True 
 B)False

Question 16

What is the first element an organization needs to consider in deriving its external supply calculation for HR forecasting?

Accepted Answer

A)  To meet its replacement needs. 
B)  To consider the change component. 
C)  To predict attrition and retirements. 
D)  To forecast HR demand accurately. 
A)  To meet its replacement needs. 
B)  To consider the change component. 
C)  To predict attrition and retirements. 
D)  To forecast HR demand accurately.

Question 17

According to the textbook, projections from many institutions have shown that it is going to be a "buyers" market in the not-too-distant future with respect to acquiring talent in Canada.

Accepted Answer

A) True 
 B)False

Question 18

What is the external HR supply, given that the organization has a workforce of 1 500, its historical annual replacement/loss rate is 5 percent, and its desired future growth rate is 12 percent? Round to closest whole number.

Accepted Answer

A)  -255 
B)  -105 
C)  105 
D)  255 
A)  -255 
B)  -105 
C)  105 
D)  255

Question 19

What HR concept is defined as several HR estimates based on a variety of assumptions?

Accepted Answer

A)  projection 
B)  prediction 
C)  predetermination 
D)  presumption 
A)  projection 
B)  prediction 
C)  predetermination 
D)  presumption

Question 20

Which of the following would NOT be considered a "designated group?

Accepted Answer

A)  Immigrants 
B)  Women 
C)  Aboriginals 
D)  disabled people 
A)  Immigrants 
B)  Women 
C)  Aboriginals 
D)  disabled people

Which concept refers to a proposed sequence of events with its own set of assumptions and associated program details?

If an organization does not incorporate information from the external environment, what impact will this have on HR forecasting?

List the FIVE steps in HR forecasting in their appropriate order.

HR forecasting will determine the supply of human resources but not the demand.

Which of the following is NOT a source of external HR supply for an organization?

What type of forecasting occurs in terms of two- to five-year segments?

According to the textbook, which of the following is NOT considered a useful global HR planning consideration that would encourage employee collaboration?

Forecasting activity for HR planning can be subdivided into two categories: transaction-based and event-based.

According to the University of Sheffield's Effectiveness Program, which item was the most important influence on the organization's bottom-line performance?

HR forecasting is referred to as the "heart" of the HR planning process.

What is HR forecasting? Briefly describe the advantages that accrue to organizations from instituting effective HR forecasting procedures.

Which of the following is NOT an internal factor that will affect HR demand?

Which of the following external factors affect HR forecasting?

What techniques do HR managers use to encourage employee collaboration for global forecasting?

Transaction-based forecasting is concerned with changes in the external environment.

What is the first element an organization needs to consider in deriving its external supply calculation for HR forecasting?

According to the textbook, projections from many institutions have shown that it is going to be a "buyers" market in the not-too-distant future with respect to acquiring talent in Canada.

What is the external HR supply, given that the organization has a workforce of 1 500, its historical annual replacement/loss rate is 5 percent, and its desired future growth rate is 12 percent? Round to closest whole number.

What HR concept is defined as several HR estimates based on a variety of assumptions?

Which of the following would NOT be considered a "designated group?

Strategic Management

Aligning HR With Strategy

Environmental Influences on HRM

Job Analysis

Determining HR Demand

Ascertaining HR Supply

Succession Management

Information Technology

Downsizing and Restructuring

Strategic International HRM

Mergers and Acquisitions

Outsourcing

Evaluation of HR

Filters

Exam 5: The HR Forecasting Process

Which concept refers to a proposed sequence of events with its own set of assumptions and associated program details?

If an organization does not incorporate information from the external environment, what impact will this have on HR forecasting?

List the FIVE steps in HR forecasting in their appropriate order.

HR forecasting will determine the supply of human resources but not the demand.

Which of the following is NOT a source of external HR supply for an organization?

What type of forecasting occurs in terms of two- to five-year segments?

According to the textbook, which of the following is NOT considered a useful global HR planning consideration that would encourage employee collaboration?

Forecasting activity for HR planning can be subdivided into two categories: transaction-based and event-based.

According to the University of Sheffield's Effectiveness Program, which item was the most important influence on the organization's bottom-line performance?

HR forecasting is referred to as the "heart" of the HR planning process.

What is HR forecasting? Briefly describe the advantages that accrue to organizations from instituting effective HR forecasting procedures.

Which of the following is NOT an internal factor that will affect HR demand?

Which of the following external factors affect HR forecasting?

What techniques do HR managers use to encourage employee collaboration for global forecasting?

Transaction-based forecasting is concerned with changes in the external environment.

What is the first element an organization needs to consider in deriving its external supply calculation for HR forecasting?

According to the textbook, projections from many institutions have shown that it is going to be a "buyers" market in the not-too-distant future with respect to acquiring talent in Canada.

What is the external HR supply, given that the organization has a workforce of 1 500, its historical annual replacement/loss rate is 5 percent, and its desired future growth rate is 12 percent? Round to closest whole number.

What HR concept is defined as several HR estimates based on a variety of assumptions?

Which of the following would NOT be considered a "designated group?

Strategic Management

Aligning HR With Strategy

Environmental Influences on HRM

Job Analysis

Determining HR Demand

Ascertaining HR Supply

Succession Management

Information Technology

Downsizing and Restructuring

Strategic International HRM

Mergers and Acquisitions

Outsourcing

Evaluation of HR

Filters