Exam 5: Human Resources Planning

The process of reviewing human resources requirements to ensure that the organization has the required number of employees with the necessary skills to meet its goals is known as

Factors that should be taken into account when determining an appropriate severance package include all of the following except

Briefly identify and describe how management can forecast how many candidates may be available from within the organization for any openings resulting from a demand analysis.

Effective HRP helps an organization to do all of the following except

Survivor sickness is

To deal with a labour shortage, firms often use all of the following strategies except

Ratio analysis involves making forecasts based on the ratio between two causal factors.

You have been hired as the director of HR at Targus Inc., a clothing retailer.To project the supply of outside candidates in the HRP process for the firm, you will need to assess

The initial response to a labour shortage is often

Failure to integrate HRP and strategic planning

Like ________, ratio analysis assumes that productivity remains much the same and is therefore not appropriate in changing environments.

Management inventories

In general terms, the lower the rate of unemployment,

The guarantee by the employer to pay specified compensation and benefits in the case of termination due to downsizing or restructuring is known as

Failure to update skills and management inventories can lead to present employees being overlooked for job openings.

You have been hired as the director of HR at Targus Inc., a clothing retailer.Due to a reduction in consumer demand, you have been asked to advise management on how to reduce the amount of staff by 5% over the next 2 years.Although slow, a method for reducing numbers which generally presents the least amount of problems is

In general terms, the lower the rate of unemployment,

A hiring freeze is all of the following except

External supply is one source of human resources supply.

Two approaches used to gather qualitative data in order to forecast HR demand (or supply)are