MBA 755 EXAM 3 QUESTIONS WITH COMPLETE
ANSWERS
· Core workers - ANSWER : Employees that are foundational to the business.
- Work year round
· Flexible workers - ANSWER : Employees that are hired on an "as needed" basis
- Labor costs are variable instead of fixed expense
- 1/5 of Americans are flexible workers
- Challenges: low motivation, lower performance, increased costs
Labor markets - ANSWER : Supply pool from which employers attract employees
-Labor force population
-Applicant population
-Applicant pool
-Selected applicants - ANSWER Elements of the labor market:
· Labor force population - ANSWER : All individuals who are available for selection if all
possible recruitment strategies are used
· Applicant population - ANSWER Subset of the labor force population that is available
for selection using a particular recruiting approach
· Applicant pool - ANSWER : All persons who are actually evaluated for selection
- Cost effective recruiting
, - Recruiting less time consuming
- Broader exposure and diverse pool of applicants
- Better targeting of specific audiences
- Recruiters can reach passive job seekers - ANSWER Advantages of when technology
(such as social media, web-based recruiting, E-video, gamification etc.) is used in
recruiting?
- More unqualified applicants
- Additional work for HR staff
- Many applicants are not seriously seeking employment
- Access limited or unavailable to some applicants
- Privacy of information and discrimination issues - ANSWER Disadvantages of when
technology (such as social media, web-based recruiting, E-video, gamification etc.) is
used in recruiting?
Recruitment - ANSWER _____________ is defined as a process that
provides the organization with a pool of qualified job
candidates from which to choose.
1. Budget constraints
2. Expected or trend of employee separations
3. Production levels
4. Sales increases or decreases
5. Global expansion plans
6. External factors might include the following:
7. Changes in technology
8. Changes in laws
9. Unemployment rates
10. Shifts in population
ANSWERS
· Core workers - ANSWER : Employees that are foundational to the business.
- Work year round
· Flexible workers - ANSWER : Employees that are hired on an "as needed" basis
- Labor costs are variable instead of fixed expense
- 1/5 of Americans are flexible workers
- Challenges: low motivation, lower performance, increased costs
Labor markets - ANSWER : Supply pool from which employers attract employees
-Labor force population
-Applicant population
-Applicant pool
-Selected applicants - ANSWER Elements of the labor market:
· Labor force population - ANSWER : All individuals who are available for selection if all
possible recruitment strategies are used
· Applicant population - ANSWER Subset of the labor force population that is available
for selection using a particular recruiting approach
· Applicant pool - ANSWER : All persons who are actually evaluated for selection
- Cost effective recruiting
, - Recruiting less time consuming
- Broader exposure and diverse pool of applicants
- Better targeting of specific audiences
- Recruiters can reach passive job seekers - ANSWER Advantages of when technology
(such as social media, web-based recruiting, E-video, gamification etc.) is used in
recruiting?
- More unqualified applicants
- Additional work for HR staff
- Many applicants are not seriously seeking employment
- Access limited or unavailable to some applicants
- Privacy of information and discrimination issues - ANSWER Disadvantages of when
technology (such as social media, web-based recruiting, E-video, gamification etc.) is
used in recruiting?
Recruitment - ANSWER _____________ is defined as a process that
provides the organization with a pool of qualified job
candidates from which to choose.
1. Budget constraints
2. Expected or trend of employee separations
3. Production levels
4. Sales increases or decreases
5. Global expansion plans
6. External factors might include the following:
7. Changes in technology
8. Changes in laws
9. Unemployment rates
10. Shifts in population
