Exam 2: Human Resource Strategy and Planning

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In the context of human resources planning, define due diligence.

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The balanced scorecard is a framework that organizations use to report on a diverse set of performance measures.

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Which of the following is a function of a specific program audit?

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Revenue per employee is a basic measure of human capital effectiveness.

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_____ is a qualitative method of HR forecasting that relies on general guidelines applied to a specific situation within an organization.

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A SWOT analysis helps the managers of an organization formulate a strategic plan that considers the organization's ability to deal with the situation at hand.

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Annual wage and salary increases are classified as a _____ of human resources.

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When Retronics Inc. began to grow and its business improved, Tasha, a Senior Manager, determined that the company had a talent shortage. Which of the following methods should she use to manage the talent shortage?

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Which of the following is a qualitative method of HR forecasting?

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Return on investment (ROI) is a calculation that shows the value of investments in human capital, but it cannot be used to show how long it will take for different activities to show results.

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In the context of estimating the internal labor supply for a given unit, which of the following is a source of inflows?

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Discuss environmental analysis in the context of HR planning.

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Discuss the legal considerations for workforce reduction.

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Which of the following best defines the term effectiveness?

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Discuss forecasting methods and periods.

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_____ is a quantitative HR forecasting method that involves making a comparison of past relationships among various factors.

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Cost per hire is classified as a _____ of human resources.

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Which of the following best defines the term HR analytics?

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The formula for calculating human capital return on investment is as follows: {revenue (operating expenses + [compensation - benefit costs])} / (compensation - benefit costs).

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During the integration phase of mergers and acquisitions, what are four important factors in changing the organizational culture?

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