Deck 5: Determining HR Demand

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Question
How do the experts finally agree on a solution in the nominal group technique?

A)by defending their perspectives
B)by voting for the best estimate
C)by lobbying the other group members
D)by ranking the solutions with a secret vote
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Question
In a simple regression prediction model,what does B represent?

A)dependent variable
B)constant or intercept
C)slope of the linear relationship between X and Y
D)independent variable
Question
What type of quantitative forecasting method that attempts to forecast future human capital needs by extrapolating from historical changes in one or more organizational indices?

A)trend analysis
B)regression analysis
C)time series model analysis
D)structural equation modelling analysis
Question
In the Delphi technique,why does the project coordinator continue to issue questionnaires to the experts?

A)Current information has not been optimal,and so further information is required.
B)Additional information still needs to be gathered regarding the predetermined questions.
C)Information gathered to date has not led the group to make a consensual decision.
D)Current information is insufficient in some way that is required to make future supply estimates.
Question
According to the textbook,what is one disadvantage of the Delphi technique?

A)groupthink
B)shyness
C)time and costs
D)communication
Question
Which of the following demand forecasting methods is NOT a quantitative method?

A)trend analysis
B)Delphi technique
C)regression analysis
D)staffing table
Question
Why are assumptions necessary when implementing the steps of the nominal group technique?

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
If HR specialists use multiple predictor estimates of the future demand for personnel based on a variety of differing assumptions about how future events will unfold,what type of forecasting technique or analysis are they using?

A)Delphi technique
B)nominal technique
C)impact analysis
D)scenario forecast
Question
In the Delphi technique,why do the experts NOT meet face-to-face?

A)They do not have the time.
B)They want to lower costs.
C)They worry about groupthink.
D)They lack communication expertise.
Question
What type of analysis reveals the historical relationship between the operational index and the demand for labour?

A)correlation
B)multivariate
C)trend
D)regression
Question
What is the most common operational index used by organizations in a ratio analysis?

A)sales level
B)units produced
C)clients served
D)production hours
Question
What method of estimating HR demand extrapolates historical organizational indices to forecast future personnel needs?

A)trend analysis
B)ratio analysis
C)cohort analysis
D)impact analysis
Question
What stage in the nominal group technique would typically ask a question like,"What will Concord Corporation's demand for production workers be in the year 2017?"

A)select the experts
B)meet face to face
C)define the question
D)discuss demand estimates
Question
Which of the following is NOT considered a benefit of the nominal group technique?

A)supports brainstorming
B)lower costs and time
C)equal participation
D)reliable and valid
Question
According to the textbook,when the Delphi technique was used to identify competencies for research chef,which of the following was NOT a topic for consideration?

A)factors that differentiate successful from unsuccessful research chefs
B)years of experience for successful and unsuccessful research chefs
C)skills and knowledge needed to be a successful research chef
D)tasks that differentiate a successful research chef from an ordinary chef
Question
Which forecasting technique provides a long-run qualitative forecast where experts meet and give their assessments about the future?

A)Delphi technique
B)critical incident technique
C)repatriation technique
D)nominal group technique
Question
What federal government agency provides expert information for labour demand forecasting?

A)National Occupational Classification
B)Citizenship and Immigration Canada
C)Conference Board of Canada
D)Statistics Canada
Question
Typically,how is most of the expert information gathered using the Delphi technique?

A)interviews
B)discussion groups
C)teleconferencing
D)questionnaires
Question
What technique should be used if you want all the participants to have equal participation in the sessions and to minimize dominance,personal attacks,and defensive behaviour?

A)Delphi technique
B)critical incident technique
C)repatriation technique
D)nominal group technique
Question
If you want to determine the total HR demand requirement for operational or short-run time periods,what type of information should you gather?

A)staffing table
B)HR budget
C)impact analysis
D)envelope/scenario forecasts
Question
What do you call the observed relationship between the independent and dependent variables?

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

A)use staffing tables
B)use movement analysis
C)use impact analysis
D)use scenario forecasts
Question
The Oakland Athletics baseball team used statistical cause-and-effect models for HR planning.What do cause-and-effect models assume?

A)that there is an ongoing relationship between independent and dependent variables
B)that the extrapolated trends will influence future supply and demand
C)that the time horizon used for the models is most conducive to short-term forecasts
D)that the subjective judgment of experts supports the forecasts
Question
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?

A)use staffing tables
B)use Markov analysis
C)use impact analysis
D)use scenario forecasts
Question
What would be two human resource quantitative forecasting demand techniques?

A)regression analysis and trend projection techniques
B)extrapolation and transition matrices techniques
C)indexation and replacement chart techniques
D)budget analysis and skills inventory techniques
Question
What would be the first step in HR forecasting once an organization has identified its organizational goals,objectives,and plans?

A)to examine data from a variety of perspectives
B)to determine the overall demand requirements for personnel (i.e. ,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
What would be two human resource qualitative forecasting demand techniques?

A)regression analysis and trend/ratio analysis techniques
B)extrapolation and transition matrices techniques
C)scenario planning and nominal group techniques
D)budget analysis and skills inventory techniques
Question
What type of analysis presupposes that a linear relationship exists between sales and the number of employees?

A)ratio
B)multivariate
C)trend
D)regression
Question
An organization wants to use a qualitative demand forecasting method.Which of the following is a qualitative method?

A)trend analysis
B)nominal group technique
C)HR budget
D)staffing table
Question
Tiger Boots,a footwear retailer,is currently determining its HR demand using ratio analysis.What would be a key operational index used by Tiger Boots in a ratio analysis?

A)sales level
B)human resources
C)clients served
D)production hours
Question
In reference to a systems perspective,what is the first step necessary to determine the demand for any job?

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

A)trend analysis
B)Delphi technique
C)regression analysis
D)staffing table
Question
There are six steps associated with the Delphi technique for HR demand forecasting.What is the first step?

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
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?

A)Delphi technique
B)critical incident technique
C)repatriation technique
D)nominal group technique
Question
Organizations interact with their changing environments.Which of the following is an environment factor that aids HR forecasters in predicting the demand for a particular job?

A)customers
B)sales levels
C)production levels
D)policies
Question
What is another name for the dependent variable in the simple regression prediction model?

A)causal variable
B)target variable
C)linear variable
D)random variable
Question
There are two main factors that determine whether a quantitative model or qualitative model is a better choice.Which of the following is one of these factors?

A)the degree of uncertainty involved in the demand forecast
B)the complexity of balancing supply and demand forecasts
C)the estimates of the demand for labour
D)the long-term environmental forecasts of labour
Question
An organization wants to develop a better understanding of what factors influence demand and supply,and what processes may be causing bottlenecks in the flow of human capital.What would be the best way to gather this information?

A)use staffing tables
B)use HR budgets
C)use a simulation
D)use scenario forecasts
Question
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?

A)times series model
B)regression model
C)projection model
D)production model
Question
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?

A)Delphi technique
B)nominal technique
C)simulation
D)scenario forecast
Question
Organizations interact with their always-changing environments.Which of the following is an environment factor that aids HR forecasters in predicting the demand for a particular job?

A)compensation strategy
B)human resources strategy
C)sales levels
D)economy
Question
Refer to Scenario: Canadian Engineering Shortages.What do the Canadian National Household Survey and the Canadian Labour Force Survey reports attempt to do?

A)predict the future demand and supply for a wide variety of Canadian occupations
B)predict the future demand growth for a wide variety of Canadian occupations
C)estimate the future demand and supply for Canadian workers
D)predict the future demand and supply for Canadian engineering workers
Question
Which of the following is a qualitative human resource forecasting method?

A)time series
B)nominal group technique
C)regression analysis
D)structural equation modelling technique
Question
For a medium-sized Canadian furniture manufacturing company the demand for recliner chairs is fairly stable,because the market for recliner chairs is fairly stable.Since there exists a comparatively high degree of certainty in the market,which of the following forecasting models would be an effective model for assessing the demand for labour for this company?

A)a simple model based on a future forecast
B)a simple model based on an existing forecast
C)a structural equation model
D)a model based on an existing forecast
Question
Refer to Scenario: Canadian Engineering Shortages.What would you call the process described in this scenario?

A)strategic human resource management
B)human resource planning
C)linking human resource management with strategic planning
D)human resource supply techniques
Question
What type of forecasting method is concerned with blending of quantitative and qualitative methods of analysis?

A)simulation
B)regression analysis
C)scenario planning
D)structural equation modelling
Question
What forecasting method is the most commonly used qualitative method for gathering human resource demand information?

A)nominal group input
B)direct managerial input
C)scenario planning group input
D)Delphi group input
Question
Refer to Scenario: Canadian Engineering Shortages.Indicators suggest that the demand for engineering occupations currently exceeds supply at the provincial and national levels.What is this estimate of demand and supply called?

A)strategic human resource management
B)human resource planning
C)human resource estimating techniques
D)human resource forecasting techniques
Question
What forecasting model or technique would be better when forecasting demand in a stable market when there is a high degree of certainty in the relationship between the demand for labour and the indicators of that demand?

A)qualitative model
B)quantitative model
C)scenario planning
D)expert surveys
Question
What type of quantitative forecasting method projects HR demand by analyzing the historical relationship between an operational index and the number of employees required?

A)time series model analysis
B)regression analysis
C)ratio analysis
D)structural equation modelling analysis
Question
Which of the following forecasting methods is the most commonly used qualitative method for determining workforce requirements?

A)nominal group technique
B)Delphi technique
C)scenario planning
D)management surveys
Question
There are two main factors that determine whether a quantitative model or qualitative model is a better choice.Which of the following is one of these factors?

A)the estimates of the demand for labour
B)the long-term environmental forecasts of labour
C)the short-term environmental forecasts of labour
D)the volume and complexity of the data available
Question
What type of qualitative forecasting method is concerned with long-run forecasting utilizing expert assessments?

A)nominal group technique
B)Delphi technique
C)scenario planning
D)structural equation modelling technique
Question
As the volume and complexity of forecasting data increases and forecasting uncertainty becomes very high,which forecasting models would be preferable?

A)quantitative models
B)statistical models
C)qualitative models
D)structural equation models
Question
What qualitative forecasting process solicits and summarizes the forecasts and judgments of a selected group of experts in an attempt to determine the future HR demand?

A)nominal group technique
B)scenario planning
C)Delphi technique
D)management surveys
Question
HR forecasters uses various qualitative forecasting methods.What qualitative technique is used to imagine future possible organizational states and the resulting capabilities,activities,or strategies that are necessary to be successful in those future states?

A)management surveys
B)Delphi technique
C)scenario planning
D)nominal group technique
Question
What sources of information do HR budgets take into consideration when used in forecasting human resource demand?

A)university researchers' and business consultants' data
B)professional associations and Statistics Canada
C)industry experts and management knowledge
D)union and industry associations
Question
What type of information do HR budgets take into consideration when used in forecasting human resource demand?

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
HR forecasters uses various statistical forecasting methods.What statistical technique permits the testing of multiple relationships simultaneously in a theoretically derived model?

A)time series model analysis
B)regression analysis
C)ratio analysis
D)structural equation modelling analysis
Question
Organizations interact with their constantly changing environments.Which of the following is an environment factor that aids HR forecasters in predicting the demand for a particular job?

A)collective agreement
B)company strategy
C)competitors
D)employees relative worth
Question
Refer to Scenario: Canadian Engineering Shortages.The growth in demand for civil engineering occupations has been strong due to the rising needs associated with the high number of retiring workers.Although countless challenges influence the demand for engineering professionals,what is the primary cause of demand in this case?

A)external factors
B)demographic factors
C)labour market factors
D)organizational factors
Question
A ratio analysis is a quantitative method of projecting HR demand by analyzing the relationship between an operational index and the number of employees required.
Question
Trend analyses are complex since they require the analysis of multiple variables.
Question
The first step in the nominal group technique is to select the experts.
Question
In the Delphi method experts do not meet,but they do in the nominal group technique.
Question
Simulation is a powerful blend of quantitative and qualitative analysis.
Question
In an structural equation modelling,current trends are analyzed by a panel of experts to predict future HR demand.
Question
In a trend analysis,it is necessary to extrapolate data related to historical changes.
Question
In a simple regression,Y is the independent variable.
Question
Typical estimates for scenario forecasting are organized into optimistic,realistic,and pessimistic scenarios.
Question
In the simple regression prediction model,X represents the independent variable.
Question
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.
Question
Another name for the scenario forecast method is the projection forecast method.
Question
The Delphi technique is a quantitative method for deriving detailed assumptions of long-run HR demand.
Question
Refer to Scenario: Canadian Engineering Shortages.What human resource technique is being used to gather the data for the Engineers Canada labour market projection report?

A)human resource occupational planning
B)human resource Markov analysis
C)human resource audits
D)human resource forecasting
Question
A regression analysis is a linear equation between a single causal variable and multiple dependent variables.
Question
A staffing table forecasts the total HR demand required for operational or short-run time periods.
Question
Refer to Scenario: Canadian Engineering Shortages.The situation described in this scenario can be referred to as a tight labour market.What occurs in a tight labour market?

A)The supply of labour exceeds the demand for labour.
B)Labour supply and demand creates tension in the labour market.
C)The demand for labour exceeds the supply of labour.
D)Supply and demand create labour shortages.
Question
Refer to Scenario: Canadian Engineering Shortages.Of the following options,what would be the most effective strategy to deal with the engineering shortages?

A)utilize job sharing arrangements
B)increase engineering school graduates
C)use flexible contract arrangements
D)use internal transfers
Question
A deficiency of the Delphi technique is that the results cannot be verified statistically.
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Deck 5: Determining HR Demand
1
How do the experts finally agree on a solution in the nominal group technique?

A)by defending their perspectives
B)by voting for the best estimate
C)by lobbying the other group members
D)by ranking the solutions with a secret vote
D
2
In a simple regression prediction model,what does B represent?

A)dependent variable
B)constant or intercept
C)slope of the linear relationship between X and Y
D)independent variable
C
3
What type of quantitative forecasting method that attempts to forecast future human capital needs by extrapolating from historical changes in one or more organizational indices?

A)trend analysis
B)regression analysis
C)time series model analysis
D)structural equation modelling analysis
A
4
In the Delphi technique,why does the project coordinator continue to issue questionnaires to the experts?

A)Current information has not been optimal,and so further information is required.
B)Additional information still needs to be gathered regarding the predetermined questions.
C)Information gathered to date has not led the group to make a consensual decision.
D)Current information is insufficient in some way that is required to make future supply estimates.
Unlock Deck
Unlock for access to all 138 flashcards in this deck.
Unlock Deck
k this deck
5
According to the textbook,what is one disadvantage of the Delphi technique?

A)groupthink
B)shyness
C)time and costs
D)communication
Unlock Deck
Unlock for access to all 138 flashcards in this deck.
Unlock Deck
k this deck
6
Which of the following demand forecasting methods is NOT a quantitative method?

A)trend analysis
B)Delphi technique
C)regression analysis
D)staffing table
Unlock Deck
Unlock for access to all 138 flashcards in this deck.
Unlock Deck
k this deck
7
Why are assumptions necessary when implementing the steps of the nominal group technique?

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
Unlock Deck
Unlock for access to all 138 flashcards in this deck.
Unlock Deck
k this deck
8
If HR specialists use multiple predictor estimates of the future demand for personnel based on a variety of differing assumptions about how future events will unfold,what type of forecasting technique or analysis are they using?

A)Delphi technique
B)nominal technique
C)impact analysis
D)scenario forecast
Unlock Deck
Unlock for access to all 138 flashcards in this deck.
Unlock Deck
k this deck
9
In the Delphi technique,why do the experts NOT meet face-to-face?

A)They do not have the time.
B)They want to lower costs.
C)They worry about groupthink.
D)They lack communication expertise.
Unlock Deck
Unlock for access to all 138 flashcards in this deck.
Unlock Deck
k this deck
10
What type of analysis reveals the historical relationship between the operational index and the demand for labour?

A)correlation
B)multivariate
C)trend
D)regression
Unlock Deck
Unlock for access to all 138 flashcards in this deck.
Unlock Deck
k this deck
11
What is the most common operational index used by organizations in a ratio analysis?

A)sales level
B)units produced
C)clients served
D)production hours
Unlock Deck
Unlock for access to all 138 flashcards in this deck.
Unlock Deck
k this deck
12
What method of estimating HR demand extrapolates historical organizational indices to forecast future personnel needs?

A)trend analysis
B)ratio analysis
C)cohort analysis
D)impact analysis
Unlock Deck
Unlock for access to all 138 flashcards in this deck.
Unlock Deck
k this deck
13
What stage in the nominal group technique would typically ask a question like,"What will Concord Corporation's demand for production workers be in the year 2017?"

A)select the experts
B)meet face to face
C)define the question
D)discuss demand estimates
Unlock Deck
Unlock for access to all 138 flashcards in this deck.
Unlock Deck
k this deck
14
Which of the following is NOT considered a benefit of the nominal group technique?

A)supports brainstorming
B)lower costs and time
C)equal participation
D)reliable and valid
Unlock Deck
Unlock for access to all 138 flashcards in this deck.
Unlock Deck
k this deck
15
According to the textbook,when the Delphi technique was used to identify competencies for research chef,which of the following was NOT a topic for consideration?

A)factors that differentiate successful from unsuccessful research chefs
B)years of experience for successful and unsuccessful research chefs
C)skills and knowledge needed to be a successful research chef
D)tasks that differentiate a successful research chef from an ordinary chef
Unlock Deck
Unlock for access to all 138 flashcards in this deck.
Unlock Deck
k this deck
16
Which forecasting technique provides a long-run qualitative forecast where experts meet and give their assessments about the future?

A)Delphi technique
B)critical incident technique
C)repatriation technique
D)nominal group technique
Unlock Deck
Unlock for access to all 138 flashcards in this deck.
Unlock Deck
k this deck
17
What federal government agency provides expert information for labour demand forecasting?

A)National Occupational Classification
B)Citizenship and Immigration Canada
C)Conference Board of Canada
D)Statistics Canada
Unlock Deck
Unlock for access to all 138 flashcards in this deck.
Unlock Deck
k this deck
18
Typically,how is most of the expert information gathered using the Delphi technique?

A)interviews
B)discussion groups
C)teleconferencing
D)questionnaires
Unlock Deck
Unlock for access to all 138 flashcards in this deck.
Unlock Deck
k this deck
19
What technique should be used if you want all the participants to have equal participation in the sessions and to minimize dominance,personal attacks,and defensive behaviour?

A)Delphi technique
B)critical incident technique
C)repatriation technique
D)nominal group technique
Unlock Deck
Unlock for access to all 138 flashcards in this deck.
Unlock Deck
k this deck
20
If you want to determine the total HR demand requirement for operational or short-run time periods,what type of information should you gather?

A)staffing table
B)HR budget
C)impact analysis
D)envelope/scenario forecasts
Unlock Deck
Unlock for access to all 138 flashcards in this deck.
Unlock Deck
k this deck
21
What do you call the observed relationship between the independent and dependent variables?

A)causal
B)direct
C)linear
D)indirect
Unlock Deck
Unlock for access to all 138 flashcards in this deck.
Unlock Deck
k this deck
22
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?

A)use staffing tables
B)use movement analysis
C)use impact analysis
D)use scenario forecasts
Unlock Deck
Unlock for access to all 138 flashcards in this deck.
Unlock Deck
k this deck
23
The Oakland Athletics baseball team used statistical cause-and-effect models for HR planning.What do cause-and-effect models assume?

A)that there is an ongoing relationship between independent and dependent variables
B)that the extrapolated trends will influence future supply and demand
C)that the time horizon used for the models is most conducive to short-term forecasts
D)that the subjective judgment of experts supports the forecasts
Unlock Deck
Unlock for access to all 138 flashcards in this deck.
Unlock Deck
k this deck
24
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?

A)use staffing tables
B)use Markov analysis
C)use impact analysis
D)use scenario forecasts
Unlock Deck
Unlock for access to all 138 flashcards in this deck.
Unlock Deck
k this deck
25
What would be two human resource quantitative forecasting demand techniques?

A)regression analysis and trend projection techniques
B)extrapolation and transition matrices techniques
C)indexation and replacement chart techniques
D)budget analysis and skills inventory techniques
Unlock Deck
Unlock for access to all 138 flashcards in this deck.
Unlock Deck
k this deck
26
What would be the first step in HR forecasting once an organization has identified its organizational goals,objectives,and plans?

A)to examine data from a variety of perspectives
B)to determine the overall demand requirements for personnel (i.e. ,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
Unlock Deck
Unlock for access to all 138 flashcards in this deck.
Unlock Deck
k this deck
27
What would be two human resource qualitative forecasting demand techniques?

A)regression analysis and trend/ratio analysis techniques
B)extrapolation and transition matrices techniques
C)scenario planning and nominal group techniques
D)budget analysis and skills inventory techniques
Unlock Deck
Unlock for access to all 138 flashcards in this deck.
Unlock Deck
k this deck
28
What type of analysis presupposes that a linear relationship exists between sales and the number of employees?

A)ratio
B)multivariate
C)trend
D)regression
Unlock Deck
Unlock for access to all 138 flashcards in this deck.
Unlock Deck
k this deck
29
An organization wants to use a qualitative demand forecasting method.Which of the following is a qualitative method?

A)trend analysis
B)nominal group technique
C)HR budget
D)staffing table
Unlock Deck
Unlock for access to all 138 flashcards in this deck.
Unlock Deck
k this deck
30
Tiger Boots,a footwear retailer,is currently determining its HR demand using ratio analysis.What would be a key operational index used by Tiger Boots in a ratio analysis?

A)sales level
B)human resources
C)clients served
D)production hours
Unlock Deck
Unlock for access to all 138 flashcards in this deck.
Unlock Deck
k this deck
31
In reference to a systems perspective,what is the first step necessary to determine the demand for any job?

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
Unlock Deck
Unlock for access to all 138 flashcards in this deck.
Unlock Deck
k this deck
32
An organization wants to use a quantitative demand forecasting method.Which of the following is NOT a quantitative method?

A)trend analysis
B)Delphi technique
C)regression analysis
D)staffing table
Unlock Deck
Unlock for access to all 138 flashcards in this deck.
Unlock Deck
k this deck
33
There are six steps associated with the Delphi technique for HR demand forecasting.What is the first step?

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
Unlock Deck
Unlock for access to all 138 flashcards in this deck.
Unlock Deck
k this deck
34
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?

A)Delphi technique
B)critical incident technique
C)repatriation technique
D)nominal group technique
Unlock Deck
Unlock for access to all 138 flashcards in this deck.
Unlock Deck
k this deck
35
Organizations interact with their changing environments.Which of the following is an environment factor that aids HR forecasters in predicting the demand for a particular job?

A)customers
B)sales levels
C)production levels
D)policies
Unlock Deck
Unlock for access to all 138 flashcards in this deck.
Unlock Deck
k this deck
36
What is another name for the dependent variable in the simple regression prediction model?

A)causal variable
B)target variable
C)linear variable
D)random variable
Unlock Deck
Unlock for access to all 138 flashcards in this deck.
Unlock Deck
k this deck
37
There are two main factors that determine whether a quantitative model or qualitative model is a better choice.Which of the following is one of these factors?

A)the degree of uncertainty involved in the demand forecast
B)the complexity of balancing supply and demand forecasts
C)the estimates of the demand for labour
D)the long-term environmental forecasts of labour
Unlock Deck
Unlock for access to all 138 flashcards in this deck.
Unlock Deck
k this deck
38
An organization wants to develop a better understanding of what factors influence demand and supply,and what processes may be causing bottlenecks in the flow of human capital.What would be the best way to gather this information?

A)use staffing tables
B)use HR budgets
C)use a simulation
D)use scenario forecasts
Unlock Deck
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39
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?

A)times series model
B)regression model
C)projection model
D)production model
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40
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?

A)Delphi technique
B)nominal technique
C)simulation
D)scenario forecast
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41
Organizations interact with their always-changing environments.Which of the following is an environment factor that aids HR forecasters in predicting the demand for a particular job?

A)compensation strategy
B)human resources strategy
C)sales levels
D)economy
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42
Refer to Scenario: Canadian Engineering Shortages.What do the Canadian National Household Survey and the Canadian Labour Force Survey reports attempt to do?

A)predict the future demand and supply for a wide variety of Canadian occupations
B)predict the future demand growth for a wide variety of Canadian occupations
C)estimate the future demand and supply for Canadian workers
D)predict the future demand and supply for Canadian engineering workers
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43
Which of the following is a qualitative human resource forecasting method?

A)time series
B)nominal group technique
C)regression analysis
D)structural equation modelling technique
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44
For a medium-sized Canadian furniture manufacturing company the demand for recliner chairs is fairly stable,because the market for recliner chairs is fairly stable.Since there exists a comparatively high degree of certainty in the market,which of the following forecasting models would be an effective model for assessing the demand for labour for this company?

A)a simple model based on a future forecast
B)a simple model based on an existing forecast
C)a structural equation model
D)a model based on an existing forecast
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45
Refer to Scenario: Canadian Engineering Shortages.What would you call the process described in this scenario?

A)strategic human resource management
B)human resource planning
C)linking human resource management with strategic planning
D)human resource supply techniques
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46
What type of forecasting method is concerned with blending of quantitative and qualitative methods of analysis?

A)simulation
B)regression analysis
C)scenario planning
D)structural equation modelling
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47
What forecasting method is the most commonly used qualitative method for gathering human resource demand information?

A)nominal group input
B)direct managerial input
C)scenario planning group input
D)Delphi group input
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48
Refer to Scenario: Canadian Engineering Shortages.Indicators suggest that the demand for engineering occupations currently exceeds supply at the provincial and national levels.What is this estimate of demand and supply called?

A)strategic human resource management
B)human resource planning
C)human resource estimating techniques
D)human resource forecasting techniques
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49
What forecasting model or technique would be better when forecasting demand in a stable market when there is a high degree of certainty in the relationship between the demand for labour and the indicators of that demand?

A)qualitative model
B)quantitative model
C)scenario planning
D)expert surveys
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50
What type of quantitative forecasting method projects HR demand by analyzing the historical relationship between an operational index and the number of employees required?

A)time series model analysis
B)regression analysis
C)ratio analysis
D)structural equation modelling analysis
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51
Which of the following forecasting methods is the most commonly used qualitative method for determining workforce requirements?

A)nominal group technique
B)Delphi technique
C)scenario planning
D)management surveys
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52
There are two main factors that determine whether a quantitative model or qualitative model is a better choice.Which of the following is one of these factors?

A)the estimates of the demand for labour
B)the long-term environmental forecasts of labour
C)the short-term environmental forecasts of labour
D)the volume and complexity of the data available
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53
What type of qualitative forecasting method is concerned with long-run forecasting utilizing expert assessments?

A)nominal group technique
B)Delphi technique
C)scenario planning
D)structural equation modelling technique
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54
As the volume and complexity of forecasting data increases and forecasting uncertainty becomes very high,which forecasting models would be preferable?

A)quantitative models
B)statistical models
C)qualitative models
D)structural equation models
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55
What qualitative forecasting process solicits and summarizes the forecasts and judgments of a selected group of experts in an attempt to determine the future HR demand?

A)nominal group technique
B)scenario planning
C)Delphi technique
D)management surveys
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56
HR forecasters uses various qualitative forecasting methods.What qualitative technique is used to imagine future possible organizational states and the resulting capabilities,activities,or strategies that are necessary to be successful in those future states?

A)management surveys
B)Delphi technique
C)scenario planning
D)nominal group technique
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57
What sources of information do HR budgets take into consideration when used in forecasting human resource demand?

A)university researchers' and business consultants' data
B)professional associations and Statistics Canada
C)industry experts and management knowledge
D)union and industry associations
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58
What type of information do HR budgets take into consideration when used in forecasting human resource demand?

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
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59
HR forecasters uses various statistical forecasting methods.What statistical technique permits the testing of multiple relationships simultaneously in a theoretically derived model?

A)time series model analysis
B)regression analysis
C)ratio analysis
D)structural equation modelling analysis
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60
Organizations interact with their constantly changing environments.Which of the following is an environment factor that aids HR forecasters in predicting the demand for a particular job?

A)collective agreement
B)company strategy
C)competitors
D)employees relative worth
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61
Refer to Scenario: Canadian Engineering Shortages.The growth in demand for civil engineering occupations has been strong due to the rising needs associated with the high number of retiring workers.Although countless challenges influence the demand for engineering professionals,what is the primary cause of demand in this case?

A)external factors
B)demographic factors
C)labour market factors
D)organizational factors
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62
A ratio analysis is a quantitative method of projecting HR demand by analyzing the relationship between an operational index and the number of employees required.
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63
Trend analyses are complex since they require the analysis of multiple variables.
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64
The first step in the nominal group technique is to select the experts.
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65
In the Delphi method experts do not meet,but they do in the nominal group technique.
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66
Simulation is a powerful blend of quantitative and qualitative analysis.
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67
In an structural equation modelling,current trends are analyzed by a panel of experts to predict future HR demand.
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68
In a trend analysis,it is necessary to extrapolate data related to historical changes.
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69
In a simple regression,Y is the independent variable.
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70
Typical estimates for scenario forecasting are organized into optimistic,realistic,and pessimistic scenarios.
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71
In the simple regression prediction model,X represents the independent variable.
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72
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.
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73
Another name for the scenario forecast method is the projection forecast method.
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74
The Delphi technique is a quantitative method for deriving detailed assumptions of long-run HR demand.
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75
Refer to Scenario: Canadian Engineering Shortages.What human resource technique is being used to gather the data for the Engineers Canada labour market projection report?

A)human resource occupational planning
B)human resource Markov analysis
C)human resource audits
D)human resource forecasting
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76
A regression analysis is a linear equation between a single causal variable and multiple dependent variables.
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77
A staffing table forecasts the total HR demand required for operational or short-run time periods.
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78
Refer to Scenario: Canadian Engineering Shortages.The situation described in this scenario can be referred to as a tight labour market.What occurs in a tight labour market?

A)The supply of labour exceeds the demand for labour.
B)Labour supply and demand creates tension in the labour market.
C)The demand for labour exceeds the supply of labour.
D)Supply and demand create labour shortages.
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79
Refer to Scenario: Canadian Engineering Shortages.Of the following options,what would be the most effective strategy to deal with the engineering shortages?

A)utilize job sharing arrangements
B)increase engineering school graduates
C)use flexible contract arrangements
D)use internal transfers
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80
A deficiency of the Delphi technique is that the results cannot be verified statistically.
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