North Carolina State University at Raleigh MIE 330 Exam 2 || All
Answers are Flawless.
Identifying the numbers and types of employees the organization will require to meet its
objectives. correct answers HR Planning
What are the three stages of HR Planning? correct answers 1. Forecasting
2. goal setting/strategic planning
3. program implementation and evaluation
The attempts to determine the supply and demand for various types of human resources to
predict areas within the organization where there will be labor shortages or surpluses. correct
answers Forecasting
What are the three steps of forecasting? correct answers 1. Forecast labor demand
2. determine labor supply
3. determine labor surplus or shortage
Constructing and applying statistical models that predict labor demand for the next year, given
relatively objective statistics from the previous year is called ____________ analysis. correct
answers Trend Analysis
Objective measures that accurately predict future demand. (ex: measures of the economy, etc.)
correct answers Leading Indicators
A forecasting technique for determining future staffing needs by using ratio's between two
variables. correct answers Ratio Analysis
A chart that lists job categories held in one period and shows the proportion of employees in each
of those job categories in a future period. correct answers Transitional Matrix
,What is published by the Bureau of Labor Statistics to help examine trends in the external labor
market? correct answers Occupational Outlook Quarterly & Monthly Labor Review
T/F: Goals should come directly from the analysis of labor supply and demand correct answers
True
A set of knowledge and skills that make the organization superior to competitors and create value
for customers. correct answers Core Competency
Organizations are more likely to benefit from hiring and retaining employees who provide a
__________ ______________. correct answers Core Competency
The planned elimination of large numbers of personnel with the goal of enhancing the
organization's competitiveness to promote future competitiveness. correct answers Downsizing
What are the four objectives of downsizing? correct answers 1. Reduce Costs
2. Replace labor with technology
3. Mergers & Acquisitions
4. Move to more economical location
T/F: Although downsizing has an immediate effect on costs, much of the evidence suggests that
it hurts long-term organizational effectiveness correct answers True
T/F: Average age of workers is growing correct answers True
A comparison of employees in protected groups with proportion that each group represents in a
relevant labor market. correct answers Workforce Utilization Review
, T/F: Affirmative Action goals requires that employers carry out an additional level of HR
planning aimed at those goals. correct answers True
T/F: Steps in a workforce utilization review are identical to steps in HR planning process correct
answers True
Any activity carried on by the organization with the primary purpose of identifying and attracting
potential employees. correct answers Recruiting
Encouraging qualified people to apply for jobs correct answers Recruiting
Deciding which candidates would be the best fit correct answers Selection
What are the three aspects of recruiting? correct answers 1. Personnel Policies
2. Recruiter Traits & Behaviors
3. Recruitment Sources
Ultimately, an applicant's decision to accept a job offer—and the organization's decision to make
the offer—depend on the match between _____________ characteristics and _____________
characteristics. correct answers Vacancy Characteristics & Applicant Characteristics
Decisions about how an organization will carry out its Human Resource Management, including
how it will fill job vacancies. correct answers Personnel Policies
Organizations have a recruiting advantage if their policy is to take a _____________________
approach to pay—that is, pay more than the current market wages for a job. correct answers
"lead-the-market"
what holds that if there is no specific employment contract saying otherwise, the employer or
employee may end an employment relationship at any time. correct answers employment at will
Answers are Flawless.
Identifying the numbers and types of employees the organization will require to meet its
objectives. correct answers HR Planning
What are the three stages of HR Planning? correct answers 1. Forecasting
2. goal setting/strategic planning
3. program implementation and evaluation
The attempts to determine the supply and demand for various types of human resources to
predict areas within the organization where there will be labor shortages or surpluses. correct
answers Forecasting
What are the three steps of forecasting? correct answers 1. Forecast labor demand
2. determine labor supply
3. determine labor surplus or shortage
Constructing and applying statistical models that predict labor demand for the next year, given
relatively objective statistics from the previous year is called ____________ analysis. correct
answers Trend Analysis
Objective measures that accurately predict future demand. (ex: measures of the economy, etc.)
correct answers Leading Indicators
A forecasting technique for determining future staffing needs by using ratio's between two
variables. correct answers Ratio Analysis
A chart that lists job categories held in one period and shows the proportion of employees in each
of those job categories in a future period. correct answers Transitional Matrix
,What is published by the Bureau of Labor Statistics to help examine trends in the external labor
market? correct answers Occupational Outlook Quarterly & Monthly Labor Review
T/F: Goals should come directly from the analysis of labor supply and demand correct answers
True
A set of knowledge and skills that make the organization superior to competitors and create value
for customers. correct answers Core Competency
Organizations are more likely to benefit from hiring and retaining employees who provide a
__________ ______________. correct answers Core Competency
The planned elimination of large numbers of personnel with the goal of enhancing the
organization's competitiveness to promote future competitiveness. correct answers Downsizing
What are the four objectives of downsizing? correct answers 1. Reduce Costs
2. Replace labor with technology
3. Mergers & Acquisitions
4. Move to more economical location
T/F: Although downsizing has an immediate effect on costs, much of the evidence suggests that
it hurts long-term organizational effectiveness correct answers True
T/F: Average age of workers is growing correct answers True
A comparison of employees in protected groups with proportion that each group represents in a
relevant labor market. correct answers Workforce Utilization Review
, T/F: Affirmative Action goals requires that employers carry out an additional level of HR
planning aimed at those goals. correct answers True
T/F: Steps in a workforce utilization review are identical to steps in HR planning process correct
answers True
Any activity carried on by the organization with the primary purpose of identifying and attracting
potential employees. correct answers Recruiting
Encouraging qualified people to apply for jobs correct answers Recruiting
Deciding which candidates would be the best fit correct answers Selection
What are the three aspects of recruiting? correct answers 1. Personnel Policies
2. Recruiter Traits & Behaviors
3. Recruitment Sources
Ultimately, an applicant's decision to accept a job offer—and the organization's decision to make
the offer—depend on the match between _____________ characteristics and _____________
characteristics. correct answers Vacancy Characteristics & Applicant Characteristics
Decisions about how an organization will carry out its Human Resource Management, including
how it will fill job vacancies. correct answers Personnel Policies
Organizations have a recruiting advantage if their policy is to take a _____________________
approach to pay—that is, pay more than the current market wages for a job. correct answers
"lead-the-market"
what holds that if there is no specific employment contract saying otherwise, the employer or
employee may end an employment relationship at any time. correct answers employment at will
