Question 1

The last stage in the nominal group technique is a secret vote that determines the highest ranking for the group's HR demand solution.

Accepted Answer

A) True 
 B)False  True

Question 2

Use the following information to answer questions 24-30 that follow.

-What is the regression prediction equation?

Accepted Answer

A)  Y = 65.05 + 11.32X 
B)  Y = 68.25 + 13.47X 
C)  Y = 70.99 + 16.03X 
D)  Y = 73.41 + 9.87X 
A)  Y = 65.05 + 11.32X 
B)  Y = 68.25 + 13.47X 
C)  Y = 70.99 + 16.03X 
D)  Y = 73.41 + 9.87X A

Question 3

Use the following information to answer questions 24-30 that follow.

-What is the value for the y intercept?

Accepted Answer

A) 65.05 
B) 68.25 
C) 70.99 
D) 73.41 
A) 65.05 
B) 68.25 
C) 70.99 
D) 73.41 A

Question 4

According to the textbook, typical estimates for scenario forecasting are organized into optimistic, realistic, and pessimistic scenarios.

Accepted Answer

A) True 
 B)False

Question 5

In a simple regression prediction model, what does B represent?

Accepted Answer

A)  dependent variable 
B)  constant or intercept 
C)  slope of the linear relationship between X and Y 
D)  independent variable 
A)  dependent variable 
B)  constant or intercept 
C)  slope of the linear relationship between X and Y 
D)  independent variable

Question 6

Describe trend analysis and outline the steps involved in conducting this forecasting method. What are the most common operational indices used by organizations?

Accepted Answer

The historical relationship between an o

Question 7

There are six steps associated with the Delphi technique for HR demand forecasting. What is the first step?

Accepted Answer

A)  identify the experts, terms and time horizon 
B)  issue the first-round of questionnaires 
C)  select the experts 
D)  define and refine the issue or question 
A)  identify the experts, terms and time horizon 
B)  issue the first-round of questionnaires 
C)  select the experts 
D)  define and refine the issue or question

Question 8

Trend analyses are complex, since they require the analysis of multiple variables.

Accepted Answer

A) True 
 B)False

Question 9

A deficiency of the Delphi technique is that the results cannot be verified statistically.

Accepted Answer

A) True 
 B)False

Question 10

What type of analysis reveals the historical relationship between the operational index and the demand for labour?

Accepted Answer

A)  correlation 
B)  multivariate 
C)  trend 
D)  regression 
A)  correlation 
B)  multivariate 
C)  trend 
D)  regression

Question 11

Which forecasting technique provides a long-run qualitative forecast where experts meet and give their assessments about the future?

Accepted Answer

A)  Delphi technique 
B)  critical incident technique 
C)  repatriation technique 
D)  nominal group technique 
A)  Delphi technique 
B)  critical incident technique 
C)  repatriation technique 
D)  nominal group technique

Question 12

A regression analysis is a linear equation between a single causal variable and multiple dependent variables.

Accepted Answer

A) True 
 B)False

Question 13

In a simple regression Y is the independent variable.

Accepted Answer

A) True 
 B)False

Question 14

The Delphi technique is a quantitative method for deriving detailed assumptions of long-run HR demand.

Accepted Answer

A) True 
 B)False

Question 15

What do you call the observed relationship between the independent and dependent variables?

Accepted Answer

A)  causal 
B)  direct 
C)  linear 
D)  indirect 
A)  causal 
B)  direct 
C)  linear 
D)  indirect

Question 16

Why are assumptions necessary when implementing the steps of the nominal group technique?

Accepted Answer

A)  to minimize the chance that expert estimates will be misinterpreted 
B)  to make sure that the group is not dominated by one expert estimate 
C)  to eliminate the necessity for experts to defend their estimates 
D)  to ensure the validity and confidentiality of the expert estimates 
A)  to minimize the chance that expert estimates will be misinterpreted 
B)  to make sure that the group is not dominated by one expert estimate 
C)  to eliminate the necessity for experts to defend their estimates 
D)  to ensure the validity and confidentiality of the expert estimates

Question 17

According to the textbook, what is one disadvantage of the Delphi technique?

Accepted Answer

A)  Groupthink 
B)  Shyness 
C)  time and costs 
D)  Communication 
A)  Groupthink 
B)  Shyness 
C)  time and costs 
D)  Communication

Question 18

What is another name for the dependent variable in the simple regression prediction model?

Accepted Answer

A)  causal variable 
B)  target variable 
C)  linear variable 
D)  random variable 
A)  causal variable 
B)  target variable 
C)  linear variable 
D)  random variable

Question 19

If you want to determine the total HR demand requirement for operational or short-run time periods, what type of information should you gather?

Accepted Answer

A)  staffing table 
B)  HR budget 
C)  impact analysis 
D)  envelope/scenario forecasts 
A)  staffing table 
B)  HR budget 
C)  impact analysis 
D)  envelope/scenario forecasts

Question 20

According to the textbook, what method of estimating HR demand was used in Ireland?

Accepted Answer

A)  trend analysis 
B)  ratio analysis 
C)  cohort analysis 
D)  impact analysis 
A)  trend analysis 
B)  ratio analysis 
C)  cohort analysis 
D)  impact analysis

The last stage in the nominal group technique is a secret vote that determines the highest ranking for the group's HR demand solution.

Use the following information to answer questions 24-30 that follow. -What is the regression prediction equation?

Use the following information to answer questions 24-30 that follow. -What is the value for the y intercept?

According to the textbook, typical estimates for scenario forecasting are organized into optimistic, realistic, and pessimistic scenarios.

In a simple regression prediction model, what does B represent?

Describe trend analysis and outline the steps involved in conducting this forecasting method. What are the most common operational indices used by organizations?

There are six steps associated with the Delphi technique for HR demand forecasting. What is the first step?

Trend analyses are complex, since they require the analysis of multiple variables.

A deficiency of the Delphi technique is that the results cannot be verified statistically.

What type of analysis reveals the historical relationship between the operational index and the demand for labour?

Which forecasting technique provides a long-run qualitative forecast where experts meet and give their assessments about the future?

A regression analysis is a linear equation between a single causal variable and multiple dependent variables.

In a simple regression Y is the independent variable.

The Delphi technique is a quantitative method for deriving detailed assumptions of long-run HR demand.

What do you call the observed relationship between the independent and dependent variables?

Why are assumptions necessary when implementing the steps of the nominal group technique?

According to the textbook, what is one disadvantage of the Delphi technique?

What is another name for the dependent variable in the simple regression prediction model?

If you want to determine the total HR demand requirement for operational or short-run time periods, what type of information should you gather?

According to the textbook, what method of estimating HR demand was used in Ireland?

Strategic Management

Aligning HR With Strategy

Environmental Influences on HRM

Job Analysis

The HR Forecasting Process

Ascertaining HR Supply

Succession Management

Information Technology

Downsizing and Restructuring

Strategic International HRM

Mergers and Acquisitions

Outsourcing

Evaluation of HR

Filters

Exam 6: Determining HR Demand

The last stage in the nominal group technique is a secret vote that determines the highest ranking for the group's HR demand solution.

Use the following information to answer questions 24-30 that follow. -What is the regression prediction equation?

Use the following information to answer questions 24-30 that follow. -What is the value for the y intercept?

According to the textbook, typical estimates for scenario forecasting are organized into optimistic, realistic, and pessimistic scenarios.

In a simple regression prediction model, what does B represent?

Describe trend analysis and outline the steps involved in conducting this forecasting method. What are the most common operational indices used by organizations?

There are six steps associated with the Delphi technique for HR demand forecasting. What is the first step?

Trend analyses are complex, since they require the analysis of multiple variables.

A deficiency of the Delphi technique is that the results cannot be verified statistically.

What type of analysis reveals the historical relationship between the operational index and the demand for labour?

Which forecasting technique provides a long-run qualitative forecast where experts meet and give their assessments about the future?

A regression analysis is a linear equation between a single causal variable and multiple dependent variables.

In a simple regression Y is the independent variable.

The Delphi technique is a quantitative method for deriving detailed assumptions of long-run HR demand.

What do you call the observed relationship between the independent and dependent variables?

Why are assumptions necessary when implementing the steps of the nominal group technique?

According to the textbook, what is one disadvantage of the Delphi technique?

What is another name for the dependent variable in the simple regression prediction model?

If you want to determine the total HR demand requirement for operational or short-run time periods, what type of information should you gather?

According to the textbook, what method of estimating HR demand was used in Ireland?

Strategic Management

Aligning HR With Strategy

Environmental Influences on HRM

Job Analysis

The HR Forecasting Process

Ascertaining HR Supply

Succession Management

Information Technology

Downsizing and Restructuring

Strategic International HRM

Mergers and Acquisitions

Outsourcing

Evaluation of HR

Filters