Question 1

What type of quantitative forecasting method projects HR demand by analyzing the historical relationship between an operational index and the number of employees required?

Accepted Answer

A) time series model analysis 
B) regression analysis 
C) ratio analysis 
D) structural equation modelling analysis

Question 2

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?

Accepted Answer

A) human resource occupational planning 
B) human resource Markov analysis 
C) human resource audits 
D) human resource forecasting

Question 3

Qualitative models may be useful when no formal planning exists and no formal data collection occurs around a planning process.

Accepted Answer

A) True 
 B)False

Question 4

Trend analyses are complex since they require the analysis of multiple variables.

Accepted Answer

A) True 
 B)False

Question 5

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

Accepted Answer

A) True 
 B)False

Question 6

A regression analysis is a linear equation between a single causal variable and multiple dependent variables.

Accepted Answer

A) True 
 B)False

Question 7

Qualitative forecasting in the form of direct managerial input is the most commonly used method for determining workforce requirements.

Accepted Answer

A) True 
 B)False

Question 8

An organization wants to use a qualitative demand forecasting method.Which of the following is a qualitative method?

Accepted Answer

A) trend analysis 
B) nominal group technique 
C) HR budget 
D) staffing table

Question 9

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

Accepted Answer

The answer of What are some the advantages and disadvantages...

Question 10

What method of estimating HR demand extrapolates historical organizational indices to forecast future personnel needs?

Accepted Answer

A) trend analysis 
B) ratio analysis 
C) cohort analysis 
D) impact analysis

Question 11

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?

Accepted Answer

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

Question 12

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

Accepted Answer

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 13

Trend analysis involves examining the relationship between an operational index and the demand for labour (as reflected by the number of employees in the workforce).

Accepted Answer

A) True 
 B)False

Question 14

Refer to Scenario: Canadian Engineering Shortages.What do the Canadian National Household Survey and the Canadian Labour Force Survey reports attempt to do?

Accepted Answer

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 15

Describe ratio analysis and outline the steps involved in conducting this forecasting method.What are the most common operational indices used by organizations?

Accepted Answer

The answer of Describe ratio analysis and outline the steps...

Question 16

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?

Accepted Answer

A) Delphi technique 
B) nominal technique 
C) impact analysis 
D) scenario forecast

Question 17

Which of the following is NOT considered a benefit of the nominal group technique?

Accepted Answer

A) supports brainstorming 
B) lower costs and time 
C) equal participation 
D) reliable and valid

Question 18

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?

Accepted Answer

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 19

Regression analysis is a statistical technique that permits the testing of multiple relationships simultaneously in a theoretically derived model.

Accepted Answer

A) True 
 B)False

Question 20

Which of the following forecasting methods is the most commonly used qualitative method for determining workforce requirements?

Accepted Answer

A) nominal group technique 
B) Delphi technique 
C) scenario planning 
D) management surveys

Exam 5: Determining HR Demand

What type of quantitative forecasting method projects HR demand by analyzing the historical relationship between an operational index and the number of employees required?

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?

Qualitative models may be useful when no formal planning exists and no formal data collection occurs around a planning process.

Trend analyses are complex since they require the analysis of multiple variables.

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

A regression analysis is a linear equation between a single causal variable and multiple dependent variables.

Qualitative forecasting in the form of direct managerial input is the most commonly used method for determining workforce requirements.

An organization wants to use a qualitative demand forecasting method.Which of the following is a qualitative method?

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

What method of estimating HR demand extrapolates historical organizational indices to forecast future personnel needs?

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?

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

Trend analysis involves examining the relationship between an operational index and the demand for labour (as reflected by the number of employees in the workforce).

Refer to Scenario: Canadian Engineering Shortages.What do the Canadian National Household Survey and the Canadian Labour Force Survey reports attempt to do?

Describe ratio analysis and outline the steps involved in conducting this forecasting method.What are the most common operational indices used by organizations?

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?

Which of the following is NOT considered a benefit of the nominal group technique?

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?

Regression analysis is a statistical technique that permits the testing of multiple relationships simultaneously in a theoretically derived model.

Which of the following forecasting methods is the most commonly used qualitative method for determining workforce requirements?