C232 - Topic 3: Forecasting and
Planning Exam Questions and All
Correct Answers.
one of the first steps - Answer Human resource planning is __________ in creating an
effective human resource management program.
To understand the human capital needs of the organization - Answer What is the purpose of
HR planning?
reduce costs by helping management anticipate shortages or surpluses of human resources -
Answer One purpose of human resource planning is to __________ and correct imbalances
before they become unmanageable and expensive.
Coordinate HR programs that achieve the goals no matter the cost. - Answer Which of the
following is NOT one of the purposes of HR forecasting and planning?
- Improve the overall business-planning process.
- Coordinate HR programs that achieve the goals no matter the cost.
- Provide a tool for evaluating the effect of alternative HR actions and policies.
- Provide a better basis for planning employee development that makes optimum use of
workers' strengths.
Decide how many and which employees are needed - Answer What is the next step in
human resource planning once the business plans are determined?
False - Answer True or False: Few small- and medium-sized organizations can be successful
without a formal process for estimating future human resource needs.
many small- and medium-sized organizations AVOID formally estimating future HR needs -
Answer HRP is based on the organization's human resource needs (supply and demand).
Although these estimates are critical for organizational success, __________.
Gathering, analyzing and forecasting data - Answer What occurs in the first stage of human
resource planning as talked about earlier?
Human resource planning (HRP) - Answer __________ is important because it influences
almost all other HR activities, including job performance, recruitment and selection, training
and development, and career management.
, What is it going to cost to implement the HR plans? - Answer Which of the following is NOT a
question that HR professionals need to ask of internal managers when starting to forecast the
organization's human resource needs?
- What types of skills and positions are no longer needed?
- What are our two best organizational strengths?
- What is it going to cost to implement the HR plans?
- What are our key business goals and objectives for the next two years?
shorter time horizon - Answer The quality of the forecast depends on the accuracy of
information and the predictability of events. What kind of time frame gives more accurate
information and more predictability of events?
Managerial estimates - Answer Which of the following is the most common judgmental
forecasting method for estimating HR demand?
- Managerial estimates
- Delphi technique
- Nominal grouping technique
- Trend analysis
simple linear regression analysis - Answer In __________, a projection of future demand is
based on a past relationship between the organization's employment level and a variable
related to employment, such as sales. If a relationship can be established between the level of
sales and the level of employment, predictions of future sales can be used to make predictions
of future employment.
When past staffing levels are used to project future HR needs. - Answer What is time series
analysis?
Replacement planning - Answer What is a judgmental technique used by organizations to
make supply forecasts?
Delhi technique - Answer a method of group decision-making and forecasting that involves
successively collating the judgments of experts.
True - Answer True or False: It is important to link HR planning and strategy as it fosters HR
strategies that support the organization's business plans.
Planning Exam Questions and All
Correct Answers.
one of the first steps - Answer Human resource planning is __________ in creating an
effective human resource management program.
To understand the human capital needs of the organization - Answer What is the purpose of
HR planning?
reduce costs by helping management anticipate shortages or surpluses of human resources -
Answer One purpose of human resource planning is to __________ and correct imbalances
before they become unmanageable and expensive.
Coordinate HR programs that achieve the goals no matter the cost. - Answer Which of the
following is NOT one of the purposes of HR forecasting and planning?
- Improve the overall business-planning process.
- Coordinate HR programs that achieve the goals no matter the cost.
- Provide a tool for evaluating the effect of alternative HR actions and policies.
- Provide a better basis for planning employee development that makes optimum use of
workers' strengths.
Decide how many and which employees are needed - Answer What is the next step in
human resource planning once the business plans are determined?
False - Answer True or False: Few small- and medium-sized organizations can be successful
without a formal process for estimating future human resource needs.
many small- and medium-sized organizations AVOID formally estimating future HR needs -
Answer HRP is based on the organization's human resource needs (supply and demand).
Although these estimates are critical for organizational success, __________.
Gathering, analyzing and forecasting data - Answer What occurs in the first stage of human
resource planning as talked about earlier?
Human resource planning (HRP) - Answer __________ is important because it influences
almost all other HR activities, including job performance, recruitment and selection, training
and development, and career management.
, What is it going to cost to implement the HR plans? - Answer Which of the following is NOT a
question that HR professionals need to ask of internal managers when starting to forecast the
organization's human resource needs?
- What types of skills and positions are no longer needed?
- What are our two best organizational strengths?
- What is it going to cost to implement the HR plans?
- What are our key business goals and objectives for the next two years?
shorter time horizon - Answer The quality of the forecast depends on the accuracy of
information and the predictability of events. What kind of time frame gives more accurate
information and more predictability of events?
Managerial estimates - Answer Which of the following is the most common judgmental
forecasting method for estimating HR demand?
- Managerial estimates
- Delphi technique
- Nominal grouping technique
- Trend analysis
simple linear regression analysis - Answer In __________, a projection of future demand is
based on a past relationship between the organization's employment level and a variable
related to employment, such as sales. If a relationship can be established between the level of
sales and the level of employment, predictions of future sales can be used to make predictions
of future employment.
When past staffing levels are used to project future HR needs. - Answer What is time series
analysis?
Replacement planning - Answer What is a judgmental technique used by organizations to
make supply forecasts?
Delhi technique - Answer a method of group decision-making and forecasting that involves
successively collating the judgments of experts.
True - Answer True or False: It is important to link HR planning and strategy as it fosters HR
strategies that support the organization's business plans.
