HR planning Ch 6

What is another name for the vacancy model?

• stochastic stochastic

• renewal

• probabillistic

• readiness

Which is the critical first step in the analysis of supply?

• Examine the capabilities of current employees

• Assess the external supply

• Implement an HRMS

• Record personal information

Which is the most important factor contributing to accurate vacancy modelling?

• accounting for personnel losses

• number of vacancies

• beginning analysis at highest authority level

• usefullness of estimating internal and external supply

An organization made errors in estimating the supply of human capital that became amplified along the supply chain, resulting in large overestimates of hiring needs. What term defines what is happening in this organization?

• compounding errors

• bullwhip effect

• skill gap effect

• human resources planning errors

According to the text, Canada’s _____________ population is the fastest growing population in Canada, which means it is a potential source of labour now and in the decades to follow. 

• French

• Asian

• Greek

• Aboriginal

Which is the most popular approach used for contemporary HR supply-side forecasting?

• succession

• Markov model

• linear programming

• movement analysis

What would be the first step in ascertaining HR supply once an organization has determined its overall demand requirements for personnel?

• to determine what staff are needed, when, and where

• to determine the net demand requirements that must be met from external environmental supply sources

• to examine data from a variety of perspectives to examine data from a variety of perspectives

• to examine the number and capabilities of current employees

According to current research literature on HR supply, what HR practice will soon be-come the number-one priority for HR professionals?

• career development

• performance management

• organizational development

• employee retention

Human capital is obtained from two sources. What are these two sources?

• skill and management inventories

• internal and external supply

• local and nation human resources

• current employees and individuals employed by other organizations

Which type of supply do organizations often give preference to?

• youth

• external

• internal

• organizational