Question 1

After forecasting the demand for and the supply of human capital,the difference between these two figures represents a surplus if the supply exceeds demand.

Accepted Answer

A) True 
 B)False  False

Question 2

A management inventory is an individualized personnel record for managerial,professional,or technical personnel and includes additional information on specialized duties,responsibilities,and accountabilities.

Accepted Answer

A) True 
 B)False  True

Question 3

Which of the following is a HR forecasting technique that can be used to determine both HR supply and demand?

Accepted Answer

A) management inventories 
B) Markov models 
C) vacancy models 
D) trend analysis 
A) management inventories 
B) Markov models 
C) vacancy models 
D) trend analysis D

Question 4

The Markov model is a series of matrices that detail the various patterns of movement to and from the various jobs in the organization

Accepted Answer

A) True 
 B)False

Question 5

Refer to Scenario: Pacific Health Care.What would be PHC's first step in ascertaining HR supply,once it determined the organization's overall HR demand requirements?

Accepted Answer

A) to examine data from a variety of perspectives 
B) to determine what staff are needed,when,and where. 
C) to assess in-house skills and other internal supply characteristics 
D) to determine the net demand requirements that must be met from external environmental supply sources 
A) to examine data from a variety of perspectives 
B) to determine what staff are needed,when,and where. 
C) to assess in-house skills and other internal supply characteristics 
D) to determine the net demand requirements that must be met from external environmental supply sources

Question 6

What is the first step in ascertaining HR supply,once it determined the organization's overall HR demand requirements?

Accepted Answer

A) to examine the number and capabilities of current employees 
B) to determine what staff are needed,when,and where 
C) to examine HR supply data from a variety of perspectives 
D) to determine the net demand requirements that must be met from external environmental supply sources 
A) to examine the number and capabilities of current employees 
B) to determine what staff are needed,when,and where 
C) to examine HR supply data from a variety of perspectives 
D) to determine the net demand requirements that must be met from external environmental supply sources

Question 7

A company is in a situation in which the supply of a particular form of human capital available to the firm is inadequate to address the demand.What is this circumstance called?

Accepted Answer

A) skills gap 
B) labour market demand 
C) employee segmentation 
D) external human resource supply 
A) skills gap 
B) labour market demand 
C) employee segmentation 
D) external human resource supply

Question 8

Refer to Scenario: Pacific Health Care.What would be the initial step that PHC might take to examine the number and capabilities of current employees and managers?

Accepted Answer

A) use staffing tables to forecast the staff needed 
B) use employee and management skills inventories 
C) use replacement charts and tables 
D) use Markov analysis 
A) use staffing tables to forecast the staff needed 
B) use employee and management skills inventories 
C) use replacement charts and tables 
D) use Markov analysis

Question 9

According to the article "Developing Effective Employee Retention Policies" in the textbook,what are two strategies that should typically be included in a retention policy?

Accepted Answer

A) form retention task force and promote from within 
B) measure turnover and enforce employee loyalty 
C) review compensation and measure job ineffectiveness 
D) hold line managers responsible and ensure attrition 
A) form retention task force and promote from within 
B) measure turnover and enforce employee loyalty 
C) review compensation and measure job ineffectiveness 
D) hold line managers responsible and ensure attrition

Question 10

The major attributes that influence the employee relationship with the firm can be blended and moulded to suit the individual needs of the employee.What is this HR practice called?

Accepted Answer

A) career development programs 
B) mass customization in HR 
C) HR renewal model 
D) substitution strategies 
A) career development programs 
B) mass customization in HR 
C) HR renewal model 
D) substitution strategies

Question 11

An organization requires experienced civil engineers,resulting in the HR demand for engineers exceeding its current engineering personnel resources.What is this called?

Accepted Answer

A) HR surplus 
B) HR shortage 
C) HR scarcity 
D) HR supply 
A) HR surplus 
B) HR shortage 
C) HR scarcity 
D) HR supply

Question 12

The concept used for grouping of employees based on characteristics that are relevant to the employee experience such as career preferences,demographics,work-life preferences,or benefits is mass customization of HR.

Accepted Answer

A) True 
 B)False

Question 13

Why do organizations prefer to hire an employee from within the organization rather than from outside the organization?

Accepted Answer

A) to select candidates with new ideas and skills 
B) to stabilize the HR supply with external sources 
C) to maintain a ratio of internal to external candidates 
D) to reinforce employee loyalty and performance 
A) to select candidates with new ideas and skills 
B) to stabilize the HR supply with external sources 
C) to maintain a ratio of internal to external candidates 
D) to reinforce employee loyalty and performance

Question 14

An organization is experiencing a shortage of certain key positions.What would be the first step it would take in conducting a HR supply analysis?

Accepted Answer

A) calculate the ratio of hires to retirees 
B) determine the HR demand available 
C) examine skills and management inventories 
D) analyze the external environment 
A) calculate the ratio of hires to retirees 
B) determine the HR demand available 
C) examine skills and management inventories 
D) analyze the external environment

Question 15

Which of the following is a soft cost associated with replacing workers?

Accepted Answer

A) interview training and time 
B) increased turnover 
C) lost production 
D) administrative expenses 
A) interview training and time 
B) increased turnover 
C) lost production 
D) administrative expenses

Question 16

According to current research literature on HR supply,what HR practice will soon be-come the number-one priority for HR professionals?

Accepted Answer

A) performance management 
B) career development 
C) employee retention 
D) organizational development 
A) performance management 
B) career development 
C) employee retention 
D) organizational development

Question 17

Refer to Scenario: Pacific Health Care.PHC requires specialty nurses,resulting in the HR demand exceeding the current personnel resources available in the organization's workforce.What is this called?

Accepted Answer

A) HR surplus 
B) HR shortage 
C) HR scarcity 
D) HR supply 
A) HR surplus 
B) HR shortage 
C) HR scarcity 
D) HR supply

Question 18

Which of the following is a HR forecasting technique that can be used to determine both HR supply and demand?

Accepted Answer

A) Delphi technique 
B) skills inventories 
C) vacancy model 
D) linear programming 
A) Delphi technique 
B) skills inventories 
C) vacancy model 
D) linear programming

Question 19

An organization is seeking members of the workforce not currently employed by the firm,who are currently undergoing training,working for competitors,and/or unemployed.What is this supply source called?

Accepted Answer

A) employee selection 
B) labour supply 
C) redeployment 
D) external supply 
A) employee selection 
B) labour supply 
C) redeployment 
D) external supply

Question 20

Until organizations begin to work hard to rebuild trust and mutual commitment,they will continue to have HR supply and retention problems.

Accepted Answer

A) True 
 B)False

After forecasting the demand for and the supply of human capital,the difference between these two figures represents a surplus if the supply exceeds demand.

A management inventory is an individualized personnel record for managerial,professional,or technical personnel and includes additional information on specialized duties,responsibilities,and accountabilities.

Which of the following is a HR forecasting technique that can be used to determine both HR supply and demand?

The Markov model is a series of matrices that detail the various patterns of movement to and from the various jobs in the organization

Refer to Scenario: Pacific Health Care.What would be PHC's first step in ascertaining HR supply,once it determined the organization's overall HR demand requirements?

What is the first step in ascertaining HR supply,once it determined the organization's overall HR demand requirements?

A company is in a situation in which the supply of a particular form of human capital available to the firm is inadequate to address the demand.What is this circumstance called?

Refer to Scenario: Pacific Health Care.What would be the initial step that PHC might take to examine the number and capabilities of current employees and managers?

According to the article "Developing Effective Employee Retention Policies" in the textbook,what are two strategies that should typically be included in a retention policy?

The major attributes that influence the employee relationship with the firm can be blended and moulded to suit the individual needs of the employee.What is this HR practice called?

An organization requires experienced civil engineers,resulting in the HR demand for engineers exceeding its current engineering personnel resources.What is this called?

The concept used for grouping of employees based on characteristics that are relevant to the employee experience such as career preferences,demographics,work-life preferences,or benefits is mass customization of HR.

Why do organizations prefer to hire an employee from within the organization rather than from outside the organization?

An organization is experiencing a shortage of certain key positions.What would be the first step it would take in conducting a HR supply analysis?

Which of the following is a soft cost associated with replacing workers?

According to current research literature on HR supply,what HR practice will soon be-come the number-one priority for HR professionals?

Refer to Scenario: Pacific Health Care.PHC requires specialty nurses,resulting in the HR demand exceeding the current personnel resources available in the organization's workforce.What is this called?

Which of the following is a HR forecasting technique that can be used to determine both HR supply and demand?

An organization is seeking members of the workforce not currently employed by the firm,who are currently undergoing training,working for competitors,and/or unemployed.What is this supply source called?

Until organizations begin to work hard to rebuild trust and mutual commitment,they will continue to have HR supply and retention problems.

Strategic Management

Aligning HR With Strategy

Environmental Influences on HRM

The HR Forecasting Process

Determining HR Demand

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 6: Ascertaining HR Supply

After forecasting the demand for and the supply of human capital,the difference between these two figures represents a surplus if the supply exceeds demand.

A management inventory is an individualized personnel record for managerial,professional,or technical personnel and includes additional information on specialized duties,responsibilities,and accountabilities.

Which of the following is a HR forecasting technique that can be used to determine both HR supply and demand?

The Markov model is a series of matrices that detail the various patterns of movement to and from the various jobs in the organization

Refer to Scenario: Pacific Health Care.What would be PHC's first step in ascertaining HR supply,once it determined the organization's overall HR demand requirements?

What is the first step in ascertaining HR supply,once it determined the organization's overall HR demand requirements?

A company is in a situation in which the supply of a particular form of human capital available to the firm is inadequate to address the demand.What is this circumstance called?

Refer to Scenario: Pacific Health Care.What would be the initial step that PHC might take to examine the number and capabilities of current employees and managers?

According to the article "Developing Effective Employee Retention Policies" in the textbook,what are two strategies that should typically be included in a retention policy?

The major attributes that influence the employee relationship with the firm can be blended and moulded to suit the individual needs of the employee.What is this HR practice called?

An organization requires experienced civil engineers,resulting in the HR demand for engineers exceeding its current engineering personnel resources.What is this called?

The concept used for grouping of employees based on characteristics that are relevant to the employee experience such as career preferences,demographics,work-life preferences,or benefits is mass customization of HR.

Why do organizations prefer to hire an employee from within the organization rather than from outside the organization?

An organization is experiencing a shortage of certain key positions.What would be the first step it would take in conducting a HR supply analysis?

Which of the following is a soft cost associated with replacing workers?

According to current research literature on HR supply,what HR practice will soon be-come the number-one priority for HR professionals?

Refer to Scenario: Pacific Health Care.PHC requires specialty nurses,resulting in the HR demand exceeding the current personnel resources available in the organization's workforce.What is this called?

Which of the following is a HR forecasting technique that can be used to determine both HR supply and demand?

An organization is seeking members of the workforce not currently employed by the firm,who are currently undergoing training,working for competitors,and/or unemployed.What is this supply source called?

Until organizations begin to work hard to rebuild trust and mutual commitment,they will continue to have HR supply and retention problems.

Strategic Management

Aligning HR With Strategy

Environmental Influences on HRM

The HR Forecasting Process

Determining HR Demand

Succession Management

Information Technology for HR Planning

Change Management

Downsizing and Restructuring

Strategic International HRM

Mergers and Acquisitions

Outsourcing

HR Assessment and Analytics

Filters