Acquisition( exam questions &
answers 100%Correct!)
HR planning definition - ANSWERScompares present state of the organization with its
future goals to identify what changes it must make in its HR to meet those goals
Forecasting definition - ANSWERSdetermines supply and demand to predict areas
within the org where there will be labor shortages or surpluses
leading indicator definition - ANSWERSanything that can be used to predict future
financial or economic trends
labor markets definition - ANSWERSexternal supply pool from which organizations
attract their employees
low unemployment creates ___ (2) - ANSWERScompetition for employes, raising labor
costs
high unemployment results in the availability of ___ - ANSWERSmore applicant and
more qualified applicants
what do recruiters need to do to make sure they have the right people in the right job at
the right time? (3) - ANSWERS-Goals should come directly from analysis of supply and
demand
-For each goal, organization must choose one or more HR strategies
-Organizations should retain and attract employees who provide a core competency
Options for reducing a surplus (9) - ANSWERSDownsizing, pay reductions, demotions,
transfers, work sharing, hiring freeze, natural attrition, early retirement, retraining
options for avoiding a shortage (7) - ANSWERSovertime, temporary employees,
outsourcing, retrained transfers, turnover reductions, new external hires, technological
innovation
What are the 4 personnel policies that are especially relevant to recruitment? -
ANSWERSinternal vs. external recruiting, lead the market pay strategies, employment
at will policies, image advertising
what does it take to be a good recruiter? (8) - ANSWERS-Understand the business
-Ethical recruiting behaviors
-Knowledge of the law
, -Great communication skills
- timely feedback
-use teams when possible
-Prepare in advance
what are the external recruitment sources? (7) - ANSWERS-direct applicants
-referrals
-advertisements in newspapers and magazines
-public employment agencies
-private employment agencies
-colleges and universities
what are the advantages of external recruiting? (4) - ANSWERS-new sources bring new
perspectives
-training new hires may be cheaper and faster
-new hires have fewer internal political supporters in the firm
-new hires bring new insights from the industry
what is an example of an internal leading factor? - ANSWERSdecreased employee
satisfaction survey/index
wages ___ when unemployment ___ - ANSWERSincrease, decrease
what are the quickest ways to deal with surpluses or shortages? (2) - ANSWERSwork
sharing, hiring freeze
what is the most important communication skill recruiters must have? -
ANSWERSability to listen
what are the disadvantages of external recruiting? (3) - ANSWERS-may not select
someone who will fit well with the job and organization
-process may cause morale problems for internal candidates not selected
-new employees may require longer adjustment periods as well as orientation efforts
what are the sources of internal recruiting? (5) - ANSWERS-job postings
-promotions and transfers
-current employee referrals
-former employees and applicants
-employee databases
what are the advantages of internal recruiting? (6) - ANSWERS-Morale of a promotee is
high
-Firm can better assess a candidate's abilities due to prior work actions
-Recruiting costs are lower
-Process is a motivators for good performances by employees
-Process can aid in succession planning, future promotions, career development