Question 1

Quantitative models can be very useful,especially in mature industries or where environmental changes are predictable or stable.

Accepted Answer

A) True 
 B)False  True

Question 2

Scenario planning is a qualitative forecasting method for imagining future possible organizational states and the resulting capabilities,activities,or strategies that are necessary to be successful in those future states.

Accepted Answer

A) True 
 B)False  True

Question 3

Describe the nominal group technique (NGT),how it differs from the Delphi technique and its primary advantage as a qualitative demand forecasting method.

Accepted Answer

Although the nominal group technique (NGT) is also a long-run, qualitative demand forecasting method, it differs from the Delphi technique in several important respects. First, unlike in the Delphi technique, the group does, in fact, meet face to face and interact, but only after individual written, preparatory work has been done and all the demand estimates (idea generation) have been publicly tabled, or written on a flip chart, without discussion. Second, each demand estimate is considered to be the property of the entire group and to be impersonal in nature, which minimizes the potential for dominance, personal attacks, and defensive behaviour in support of estimates presented in the group forum. Finally, the expert forecast is determined by a secret vote of all group members on their choice of the tabled demand forecasts. The estimate receiving the highest ranking or rating during the voting process is deemed to be the group’s forecast.
A primary advantage to NGT is that it allows all participants to contribute to the process at an equal level by reducing the tendency for more extroverted individuals to dominate the process.
Refer to HR Planning Today 5.3.

Question 4

What type of information do HR budgets take into consideration when used in forecasting human resource demand?

Accepted Answer

A) industry experts and management knowledge 
B) line employee and union staff records 
C) historical company staffing trends and competitor staffing practices 
D) university researchers' and business consultants' data 
A) industry experts and management knowledge 
B) line employee and union staff records 
C) historical company staffing trends and competitor staffing practices 
D) university researchers' and business consultants' data

Question 5

What type of forecasting method is concerned with blending of quantitative and qualitative methods of analysis?

Accepted Answer

A) simulation 
B) regression analysis 
C) scenario planning 
D) structural equation modelling 
A) simulation 
B) regression analysis 
C) scenario planning 
D) structural equation modelling

Question 6

Quantitative and qualitative analyses can provide information that complement one another.

Accepted Answer

A) True 
 B)False

Question 7

Estimates of the demand for labour in Canada have become increasingly uncertain over the past few years,primarily due to unsustainable forces affecting the economy.

Accepted Answer

A) True 
 B)False

Question 8

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 9

Unlike trend analysis forecasting,nominal group technique forecasting relies on subjective,but expert,judgments.

Accepted Answer

A) True 
 B)False

Question 10

Which forecasting technique would an organization use if it wanted to conduct a long-run qualitative forecast in which 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 11

HR demand refers to the future need for the firm's skills requirements,the types of jobs and the number of positions that must be filled for the firm to implement its strategy.

Accepted Answer

A) True 
 B)False

Question 12

In reference to a systems perspective,what is the first step necessary to determine the demand for any job?

Accepted Answer

A) to understand both the long-run qualitative and quantitative forecasts of jobs within the firm 
B) to understand how that job fits into the needs of the organization and how those job requirements interact with other jobs within the firm 
C) to understand both the needs of the organization and the long-run forecast of jobs within the organization 
D) to identify both the needs of the organization and human resources competencies required 
A) to understand both the long-run qualitative and quantitative forecasts of jobs within the firm 
B) to understand how that job fits into the needs of the organization and how those job requirements interact with other jobs within the firm 
C) to understand both the needs of the organization and the long-run forecast of jobs within the organization 
D) to identify both the needs of the organization and human resources competencies required

Question 13

An organization wants to determine the total HR demand requirement for long-run time periods.What would be the best way to gather this information?

Accepted Answer

A) use staffing tables 
B) use movement analysis 
C) use impact analysis 
D) use scenario forecasts 
A) use staffing tables 
B) use movement analysis 
C) use impact analysis 
D) use scenario forecasts

Question 14

There are six steps associated with using the Delphi technique for HR demand forecasting.Discuss these steps.

Accepted Answer

∙ Define and refine the issue or questio

Question 15

What type of analysis presupposes that a linear relationship exists between sales and the number of employees?

Accepted Answer

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

Question 16

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 17

One main factor that determines whether a quantitative model or qualitative model is a better choice is the degree of uncertainty involved in the demand forecast.

Accepted Answer

A) True 
 B)False

Question 18

Quantitative models based on historical data may be the best indicator of future needs if the business or environment is in a period of significant transition.

Accepted Answer

A) True 
 B)False

Question 19

In reference to forecasting HR demand,define simulation.The simulation process can be broken down into several steps;list these five steps.

Accepted Answer

Simulation is a blend of qualitative and

Question 20

An organization wants to use a quantitative demand forecasting method.Which of the following is NOT a quantitative method?

Accepted Answer

A) trend analysis 
B) Delphi technique 
C) regression analysis 
D) staffing table 
A) trend analysis 
B) Delphi technique 
C) regression analysis 
D) staffing table

Quantitative models can be very useful,especially in mature industries or where environmental changes are predictable or stable.

Scenario planning is a qualitative forecasting method for imagining future possible organizational states and the resulting capabilities,activities,or strategies that are necessary to be successful in those future states.

Describe the nominal group technique (NGT),how it differs from the Delphi technique and its primary advantage as a qualitative demand forecasting method.

What type of information do HR budgets take into consideration when used in forecasting human resource demand?

What type of forecasting method is concerned with blending of quantitative and qualitative methods of analysis?

Quantitative and qualitative analyses can provide information that complement one another.

Estimates of the demand for labour in Canada have become increasingly uncertain over the past few years,primarily due to unsustainable forces affecting the economy.

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

Unlike trend analysis forecasting,nominal group technique forecasting relies on subjective,but expert,judgments.

Which forecasting technique would an organization use if it wanted to conduct a long-run qualitative forecast in which experts meet and give their assessments about the future?

HR demand refers to the future need for the firm's skills requirements,the types of jobs and the number of positions that must be filled for the firm to implement its strategy.

In reference to a systems perspective,what is the first step necessary to determine the demand for any job?

An organization wants to determine the total HR demand requirement for long-run time periods.What would be the best way to gather this information?

There are six steps associated with using the Delphi technique for HR demand forecasting.Discuss these steps.

What type of analysis presupposes that a linear relationship exists between sales and the number of employees?

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

One main factor that determines whether a quantitative model or qualitative model is a better choice is the degree of uncertainty involved in the demand forecast.

Quantitative models based on historical data may be the best indicator of future needs if the business or environment is in a period of significant transition.

In reference to forecasting HR demand,define simulation.The simulation process can be broken down into several steps;list these five steps.

An organization wants to use a quantitative demand forecasting method.Which of the following is NOT a quantitative method?

Strategic Management

Aligning HR With Strategy

Environmental Influences on HRM

The HR Forecasting Process

Ascertaining HR Supply

Succession Management

Information Technology for HR Planning

Change Management

Downsizing and Restructuring

Strategic International HRM

Mergers and Acquisitions

Outsourcing

HR Assessment and Analytics

Filters

Exam 5: Determining HR Demand

Quantitative models can be very useful,especially in mature industries or where environmental changes are predictable or stable.

Scenario planning is a qualitative forecasting method for imagining future possible organizational states and the resulting capabilities,activities,or strategies that are necessary to be successful in those future states.

Describe the nominal group technique (NGT),how it differs from the Delphi technique and its primary advantage as a qualitative demand forecasting method.

What type of information do HR budgets take into consideration when used in forecasting human resource demand?

What type of forecasting method is concerned with blending of quantitative and qualitative methods of analysis?

Quantitative and qualitative analyses can provide information that complement one another.

Estimates of the demand for labour in Canada have become increasingly uncertain over the past few years,primarily due to unsustainable forces affecting the economy.

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

Unlike trend analysis forecasting,nominal group technique forecasting relies on subjective,but expert,judgments.

Which forecasting technique would an organization use if it wanted to conduct a long-run qualitative forecast in which experts meet and give their assessments about the future?

HR demand refers to the future need for the firm's skills requirements,the types of jobs and the number of positions that must be filled for the firm to implement its strategy.

In reference to a systems perspective,what is the first step necessary to determine the demand for any job?

An organization wants to determine the total HR demand requirement for long-run time periods.What would be the best way to gather this information?

There are six steps associated with using the Delphi technique for HR demand forecasting.Discuss these steps.

What type of analysis presupposes that a linear relationship exists between sales and the number of employees?

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

One main factor that determines whether a quantitative model or qualitative model is a better choice is the degree of uncertainty involved in the demand forecast.

Quantitative models based on historical data may be the best indicator of future needs if the business or environment is in a period of significant transition.

In reference to forecasting HR demand,define simulation.The simulation process can be broken down into several steps;list these five steps.

An organization wants to use a quantitative demand forecasting method.Which of the following is NOT a quantitative method?

Strategic Management

Aligning HR With Strategy

Environmental Influences on HRM

The HR Forecasting Process

Ascertaining HR Supply

Succession Management

Information Technology for HR Planning

Change Management

Downsizing and Restructuring

Strategic International HRM

Mergers and Acquisitions

Outsourcing

HR Assessment and Analytics

Filters