HR Textbook Quizzes Topic 3

The quality of the forecast depends on the accuracy of information and the predictability of events. What kind of time frame gives more accurate information and more predictability of events?

A shorter time horizon

Which of the following is not a standard for evaluating HRP?

Action plans vs. expected outcomes

Why are traditional organizational structures not as workable as they once were?

Changes in workforce values

Which of the following is NOT one of the purposes of HR forecasting and planning?

Coordinate HR programs that achieve the goals no matter the cost.

What is not an external environmental factor that affects the available labor market?

Current employees' skills and knowledge

What is the next step in human resource planning once the business plans are determined?

Decide how many and which employees are needed

Action programs designed to increase the supply of employees in the organization are used when supply exceeds demand.

False

Advances in technology have been very effective and helpful to companies in many areas, but because human resource management works mostly with people, there is less use for technology in the HRM area.

False

Because knowing the estimates for the organization's human resource needs (e.g. supply and demand) is so critical, most small- and medium-sized organizations formally estimate these future human resource needs.

False

Employee characteristics and HR policies will be relatively the same for all organizations.

False

Few small- and medium-sized can be successful without a formal process for estimating future human resource needs.

False

HR planning can still be very effective even if it fails to accurately forecast supply and demand.

False

HRP is very important to an organization to find out its needs, but it is a distant relation to other functions such as recruitment and selection, job performance, etc.

False

Human resource planning is one of the last steps in creating a human resource program.

False

In most organizations the demand and supply of the firm's human capital needs are usually in pretty good balance.

False

Many corporate executives are concluding that although human resources investment is important, it is not as important as the acquisition of equipment or materials.

False

One purpose of human resource planning is to help reduce costs by helping managers respond to shortages and surpluses of human resources at a moment's notice.

False

Simple linear regression works to predict future employment needs because when sales double, the level of employment necessary will always double as well.

False

The quantity of the workforce is often responsible for organizational performance.

False

What occurs in the first stage of human resource planning as talked about earlier?

Gathering, analyzing and forecasting data

What is the 3rd stage in HR planning?

HR programming

What is the final phase in human resource planning?

HRP control and evaluation

What does HRP mean in this topic?

Human resource planning

Why is HRP one of the fastest growing and most important areas of human resource management?

It helps the company achieve its goals

Which of the following is the most common judgmental forecasting method for estimating HR demand?

Managerial estimates

Values toward work are changing. Which of the following is not a change?

People now don't value work

What is redundancy planning?

Planning to lay off employees

When trying to incorporate an entrepreneurial strategy in an organization, what type of HR policies does that organization need to adopt?

Policies that emphasize innovation

Which of the following is a characteristic of traditional organization?

Primary focus on productivity

What type of HR policy would NOT enhance a rationalization/maximize-the-profit strategy?

Relaxed policies

What is a judgmental technique used by organizations to make supply forecasts?

Replacement planning

What is the purpose of HR planning?

To understand the human capital needs of the organization

A firm must look at both internal and external needs to figure out what the organization's needs are.

True

Data collection is important so adjustments can be made, if needed, to the plans and programs being implemented.

True

Evaluation for HR plans and programs is important for demonstrating the HR department's role within the organization.

True

HR Planning does not only make a company look good, but also helps the company reduce expenses if done correctly.

True

HR planning may cause a company to redesign jobs or restructure work.

True

HRP activity can be assessed by whether the organization has the people it needs.

True

Human resource information systems help with control and evaluation by allowing more frequent and rapid collection of data.

True

Human resource management can overcome the roadblock of top-management not supporting HR planning by showing them data and bottom-line numbers that show it is effective.

True

It is important to link HR planning and strategy as it fosters HR strategies that support the organization's business plans.

True

Lack of support from line managers is a common roadblock to effective HR planning that can be overcome by involving line managers in the design, development and implementation of the HRP system.

True

There are many reasons for layoffs being more commonplace today.

True

Which of the following is not a question that HR professionals need to ask of internal managers when starting to forecast the organization's human resource needs?

What is it going to cost to implement the HR plans?

What is time series analysis?

When past staffing levels are used to project future HR needs.