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Future Staff Needs & Employees, Human Resources, Forecasting Technique, Ratios

The key terms in this Human Resources course include Forecasting Technique, Future Staff Needs, Ratios, Employees, Scatter Plot, Time-Series Analysis, Regression Analysis, Ratio Analysis, Trend Analysis, Baby Boom Cohort, Workforce, Survivor Sickness, Staffing Equation, Reward Structure.


A forecasting technique for determining future staff needs by using ratios between sales volume and the number of employees needed is:

A) a scatter plot.
B) time-series analysis.
C) regression analysis.
D) ratio analysis. correct
E) trend analysis.


A reality is that Canadaʹs population is aging as the baby boom cohort approaches retirement. Currently, ________ of all Canadian workers retire before the age of 65.

A) 67% correct 

B) 33%

C) 20%

D) 50%

E) 80%


A major Canadian automaker has laid off 20% of its workforce over the course of 2 years. You are the HR professional responsible for surveying the employees remaining with the company to determine their level of engagement and job satisfaction. The survey responses indicate that many employees are experiencing feelings of guilt and detachment. What these employees are likely experiencing is known as:

A) reality shock.
B) a negative work ethic.
C) survivor sickness. correct
D) employee apathy.
E) survivor-guilt syndrome


Short-term and long-range HR demand forecasts provide:

A) the full staffing equation.
B) external supply forecasts.
C) half of the staffing equation. correct
D) present employees who can be transferred or promoted to meet anticipated needs.
E) internal supply forecasts


To successfully fill positions internally, organizations must manage performance and careers. Performance is managed through:

A) implementing a suitable reward structure. correct
B) career tracking.
C) effective selection and placement strategies.
D) training and development.
E) effective recruitment policies and systems.


Ratio analysis involves making forecasts based on the ratio between two causal factors.

False


A forecasting technique for determining future staff needs by using ratios between sales volume and the number of employees needed is:

A) a scatter plot.
B) time-series analysis.
C) regression analysis.
D) ratio analysis. correct
E) trend analysis.


A reality is that Canadaʹs population is aging as the baby boom cohort approaches retirement. Currently, ________ of all Canadian workers retire before the age of 65.

A) 67% correct 

B) 33%

C) 20%

D) 50%

E) 80%


A major Canadian automaker has laid off 20% of its workforce over the course of 2 years. You are the HR professional responsible for surveying the employees remaining with the company to determine their level of engagement and job satisfaction. The survey responses indicate that many employees are experiencing feelings of guilt and detachment. What these employees are likely experiencing is known as:

A) reality shock.
B) a negative work ethic.
C) survivor sickness. correct
D) employee apathy.
E) survivor-guilt syndrome


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