Exam 5: Human Resources Planning

You are the HR professional in charge of human resources planning at BlueFruit, a company that designs and makes cell phones and tablets.Recently, demand for your products has been falling, resulting in a surplus of human resources.Identify and describe five possible solutions you would consider implementing in order to reduce the oversupply of human resources at BlueFruit.

Each of the following statements about occupational market conditions is true except that

Trend analysis is valuable as an initial estimate of HR demand only.

The layoff-avoidance strategy introduced by the federal government is known as

Managerial judgment is central to qualitative forecasting, but plays only a small role in quantitative forecasting techniques.

To project the supply of outside candidates, employers assess general economic conditions.

Which of the following is a quantitative approach to forecasting?

Highly educated immigrants are the predominant drivers of

The first step in the HRP process, after the HR implications of the firm's strategic plans have been analyzed, is

Describe human resources planning (HRP) (4 points)and explain its connection to strategic planning using an example (6 points).

A forecasting technique for determining future staff needs by using ratios between sales volume and the number of employees needed is

Exchanging ideas without face-to-face interaction is a characteristic of the nominal group forecasting technique.

A labour surplus exists when the internal supply of employees exceeds the organization's demand.Most employers respond initially by terminating employment.

A statistical technique involving the use of a mathematical formula to project future demands, based on an established relationship between an organization's employment level and some measurable factor of output, is known as

Regression analysis determines the line of best fit.

Advantages associated with a transfer include

Each of the following statements about the relationship between HRP and strategic planning is true except

HRP is a process of reviewing human resources requirements to ensure that an organization has the required number of employees, with the necessary skills, to meet its goals.

A major US-based department store chain is considering expanding into Canada.Identify and discuss the importance of four external environmental factors (of the six discussed in the text)that the chain must consider as part of its human resources planning process.

When labour demand equals labour supply