Human Resource Management 3

What is the primary goal of human resource planning?

• To replace current employees with external hires

• To reduce the labor force

• To align the organization’s strategic direction with its HR needs

• To implement new technology

Which of the following is a method for predicting labor supply?

• Leading indicator analysis

• External labor market survey

• Transitional matrices

• Internal promotions

Personnel forecasting aims to:

• Analyze external market salary rates

• Ascertain areas of potential labor shortages or surpluses

• Develop new job descriptions

• Identify training needs

A lead-the-market approach involves offering lower-than-average wages to control costs.

• True

• False

Which of the following is commonly a disadvantage of downsizing?

• Increased employee morale

• Higher flexibility

• Potential talent loss and disruption of social networks

• Improved employee benefits

Outsourcing involves using external organizations for a wide range of services, including HR functions.

• True

• False

Which recruitment method involves promoting from within the organization?

• External recruitment

• Campus recruiting

• Job fairs

• Internal recruitment

In HR planning, a leading indicator is:

• A subjective analysis tool

• An objective measure to predict future labor demand

• A job satisfaction survey

• A job performance metric

Temporary workers are frequently used to address labor shortages due to their flexibility.

• True

• False

Which of the following strategies is used to reduce an expected labor surplus?

• Overtime

• Temporary hires

• Retraining

• Early retirement programs