Exam 5: Determining HR Demand

In the Delphi technique,why does the project coordinator continue to issue questionnaires to the experts?

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

​Canadian Engineering Shortages According to a new Engineers Canada labour market projection report,there are currently labour shortages in a number of engineering occupations,particularly civil,mechanical,electrical,and electronic engineers,as well as a shortage of computer engineers at both the provincial and national levels.Occupation data sourced from the Canadian National Household Survey and the Canadian Labour Force Survey indicate that engineering occupations' employment and wages are increasing faster than in other occupations.Unemployment is very low,less than one percent for many engineering occupations,relative to historical data and to other occupation data.Replacement demand for engineers will be particularly relevant over the next decade as the baby boom generation retires.Economic activity is generating a stronger demand for engineers in Western Canada than in Eastern Canada. ​ Out of the fourteen different engineering occupations,the forecast for civil engineers is particularly high.It is projected that there will be an average of 2 500 job openings for civil engineers annually over the next five years.Growth in industries that employ civil engineers will generate about 1 000 of these openings each year.Another 1 500 of these job openings will be related to the replacement of retiring workers,given the high average age of 48 years old for civil engineers. ​ What would be the most effective strategy to deal with the engineering shortages?

Tim Hortons integrates digitized data from all the corporate functions,including marketing,operations,finance,and HR,as well as information from social media sources such as Facebook and LinkedIn,and more.What is this data called?

What are some the advantages and disadvantages of the Delphi technique,where experts do NOT meet face-to-face?

In the simple regression prediction model,X represents the independent variable.

In a trend analysis,it is necessary to extrapolate data related to historical changes.

Perceived status differences may influence how experts express their views when forecasting in face-to-face groups.

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

What is envelope/scenario forecasting? Describe some of its features.

Scenario forecasting is based on the premise that,because the future course of events is not known with certainty,it is necessary to develop several plausible sets of outcomes.

In the Delphi technique,why do the experts NOT meet face-to-face?

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

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

An organization is using multiple predictor estimates of the future demand for human resources based on a variety of differing assumptions about how future events will unfold.What type of forecasting technique or analysis is it using?

When trying to forecast the number of employee hours required for work in a retail store during December,the HR planner used last December's ratio of total sales to total hours worked as the basis for an estimate for the current year's needs.What forecasting model is the HR planner using to predict future HR demand?

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

Which of the following demand forecasting methods is NOT a quantitative method?

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

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