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The last step in the human resource planning process is forecasting. True False

The last step in the human resource planning process is forecasting. 
 
True    False

 

2.A leading indicator is an objective measure that accurately predicts future labor demand. 
 
True    False

 

3.Statistical planning models are useful when there is a long, stable history that can be used to reliably detect relationships among variables. 
 
True    False

 

4.The second step in human resource planning is goal setting and strategic planning. 
 
True    False

 

5.The purpose of setting specific quantitative goals is to focus attention on the problem and provide a benchmark for determining the relative success of any programs aimed at redressing a pending labor shortage or surplus. 
 
True    False

 

6.Hiring employees from external sources is a fast option to avoid an unexpected labor shortage plus its revocability is high. 
 
True    False

 

7.The typical organizational response to a labor shortage has been either hiring temporary employees or outsourcing, responses that are fast and high in revocability. 
 
True    False

 

8.A reason why downsizing efforts often fail is that employees who survive the purges often become narrow-minded, self-absorbed, and risk-averse. 
 
True    False

 

9.One of the reasons organizations engaged in downsizing was that many firms changed the location of where they did business for economic reasons. 
 
True    False

 

10.Baby boomers are fast approaching retirement, and early indicators show that this group will retire as expected. 
 
True    False

Dec 10 2019 View more View Less

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