Exam 2: Human Resources Strategy and Planning

The strategic planning process begins with an assessment of the current state of the business and the environmental forces that may be important during the planning cycle.

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

Which of the following is true of the Worker Adjustment and Retraining Notification Act?

The Consolidated Omnibus Budget Reconciliation Act (COBRA) requires employers to disclose the ages of both terminated and retained employees in layoff situations, and waiver of rights to sue for age discrimination must meet certain requirements.

Which of the following is a source of outflow in the current staffing level?

Discuss current and future jobs audit and the key questions that are addressed during internal jobs assessment.

Define strategic planning.

Which of the following is a factor of the internal environment in an organization?

Organizational strategy is independent of Human Resource management.

Which of the following is best classified as a polycentric policy of strategic approaches to international staffing?

Ken, a brand manager at Media Labs LLC., is formulating a strategic plan for his organization. He has identified the organizational mission and formulated a SWOT analysis of the business. Which of the following is most likely to be Ken's next step in the strategic planning process?

The policy of filling key positions with individuals in the region of the subsidiary in offshore organizations is known as the polycentric policy of global staffing strategies.

The focus of HR planning is to ensure that the organization has the right number of Human Resources, with the right capabilities, at the right times, and in the right places.

Benchmarking is the process of comparing business processes and outcomes to an industry standard or best practice.

A multinational corporation, sometimes called a transnational corporation, is an organization that has facilities and other assets in at least one country other than its home country.

The formula for calculating human capital value added = Revenue - (Operating Expense - (Compensation + Benefit Costs)) / Full-Time Head Count

Assigning an international cadre of skilled managers to global subsidiaries regardless of their nationality is known as the polycentric policy of global staffing strategies.

Good strategies involve an accurate diagnosis of the challenge, an approach to overcome the obstacles, and a focus on coherent actions to make the approach work.

Which of the following is the function of benefit programs audit?

Discuss forecasting methods and periods.