Human Resource Planning Quiz

What is the primary goal of Human Resource Planning (HRP)?

• Managing payroll efficiently

• Matching labor requirements with labor availability

• Improving company profitability

• Ensuring employee satisfaction

Which of the following is a component of Human Resource Planning?

• Forecasting HR requirements

• Assessing employee happiness

• Training employees for promotions

• Increasing sales volume

When does a labor surplus occur?

• Labor requirement equals labor availability

• Labor requirement exceeds labor availability

• Labor requirement is less than labor availability

• Labor availability exceeds revenue

What is a zero-base forecast in HR planning?

• Forecasting based on the lowest-level managers' input

• Predicting labor needs using past employment levels as a base

• Estimating workforce needs without automatically refilling vacant positions

• Using sales volume to determine labor requirements

What is a possible solution for labor shortage?

• Restricted hiring

• Downsizing the workforce

• Compensation incentives

• Voluntary severance

What does succession planning aim to achieve?

• Smooth transition for key managerial positions

• Cost-cutting through layoffs

• Maximizing profits through employee retirements

• Reducing job-sharing opportunities

Which factor is often used to predict employment levels?

• Compensation structure

• Volume of sales

• Number of retirements

• Annual leave records

What action is recommended when a company faces a labor surplus?

• Recruitment incentives

• Early retirement plans

• Increased hiring efforts

• Employee promotions

What is the first step in the Human Resource Planning process?

• Forecasting labor availability

• Strategic planning

• Comparing requirements and availability

• Implementing a restricted hiring policy

What are two sources used to forecast HR availability?

• Internal sources and external sources

• Top management and employees

• Current employees and company profits

• Internal audits and external consultants