Exam 5: Forecasting and Planning

ROM Corporation had kept all its hiring plans on hold during the last four quarters because the economy was in a state of recession.ROM manufactures data cards,memory chips,and LCD monitors.The company is analyzing market trends in order to reassess its hiring strategy for the coming year.Which of the following,if true,would best support the argument for restarting hiring?

Which of the following is a way in which companies usually deal with temporary employee surpluses?

If new competitors enter an industry,customers will have greater product choices,which will tend to dilute the demand for any one company's products or services.

The most comprehensive source of free data on conditions in the U.S.labor market is the U.S.Bureau of Labor Statistics (BLS).

Which of the following observations is true?

Which of the following,if true,would require a company to make adjustments to its historical employee-productivity ratios?

A Japanese company that makes electronic watches exports 90 percent of its products to the United States.Which of the following will happen if the dollar strengthens against the Japanese Yen?

If 4 out of 5 job offers are typically accepted,a company will have to make 120 offers so as to hire 80 employees.

Which of the following is true of transition analysis?

Which of the following would be most useful for a firm needing to quickly reassign employees to an important new project?