age 1 of 55
MIE 330 EXAM 2 2025/2026 COMPLETE QUESTIONS
WITH VERIFIED CORRECT SOLUTIONS || 100%
GUARANTEED PASS <LATEST VERSION>
What are the three stages of HR Planning? .......Answer.........1.
Forecasting
2. goal setting/strategic planning
3. program implementation and evaluation
The attempts to determine the supply and demand for various
types of human resources to predict areas within the
organization where there will be labor shortages or surpluses.
.......Answer.........Forecasting
What are the three steps of forecasting? .......Answer.........1.
Forecast labor demand
,age 2 of 55
2. determine labor supply
3. determine labor surplus or shortage
Constructing and applying statistical models that predict labor
demand for the next year, given relatively objective statistics
from the previous year is called ____________ analysis.
.......Answer.........Trend Analysis
Objective measures that accurately predict future demand. (ex:
measures of the economy, etc.) .......Answer.........Leading
Indicators
A forecasting technique for determining future staffing needs by
using ratio's between two variables. .......Answer.........Ratio
Analysis
,age 3 of 55
A chart that lists job categories held in one period and shows the
proportion of employees in each of those job categories in a
future period. .......Answer.........Transitional Matrix
What is published by the Bureau of Labor Statistics to help
examine trends in the external labor market?
.......Answer.........Occupational Outlook Quarterly & Monthly
Labor Review
T/F: Goals should come directly from the analysis of labor
supply and demand .......Answer.........True
A set of knowledge and skills that make the organization
superior to competitors and create value for customers.
.......Answer.........Core Competency
, age 4 of 55
Organizations are more likely to benefit from hiring and
retaining employees who provide a __________
______________. .......Answer.........Core Competency
The planned elimination of large numbers of personnel with the
goal of enhancing the organization's competitiveness to promote
future competitiveness. .......Answer.........Downsizing
What are the four objectives of downsizing? .......Answer.........1.
Reduce Costs
2. Replace labor with technology
3. Mergers & Acquisitions
4. Move to more economical location
MIE 330 EXAM 2 2025/2026 COMPLETE QUESTIONS
WITH VERIFIED CORRECT SOLUTIONS || 100%
GUARANTEED PASS <LATEST VERSION>
What are the three stages of HR Planning? .......Answer.........1.
Forecasting
2. goal setting/strategic planning
3. program implementation and evaluation
The attempts to determine the supply and demand for various
types of human resources to predict areas within the
organization where there will be labor shortages or surpluses.
.......Answer.........Forecasting
What are the three steps of forecasting? .......Answer.........1.
Forecast labor demand
,age 2 of 55
2. determine labor supply
3. determine labor surplus or shortage
Constructing and applying statistical models that predict labor
demand for the next year, given relatively objective statistics
from the previous year is called ____________ analysis.
.......Answer.........Trend Analysis
Objective measures that accurately predict future demand. (ex:
measures of the economy, etc.) .......Answer.........Leading
Indicators
A forecasting technique for determining future staffing needs by
using ratio's between two variables. .......Answer.........Ratio
Analysis
,age 3 of 55
A chart that lists job categories held in one period and shows the
proportion of employees in each of those job categories in a
future period. .......Answer.........Transitional Matrix
What is published by the Bureau of Labor Statistics to help
examine trends in the external labor market?
.......Answer.........Occupational Outlook Quarterly & Monthly
Labor Review
T/F: Goals should come directly from the analysis of labor
supply and demand .......Answer.........True
A set of knowledge and skills that make the organization
superior to competitors and create value for customers.
.......Answer.........Core Competency
, age 4 of 55
Organizations are more likely to benefit from hiring and
retaining employees who provide a __________
______________. .......Answer.........Core Competency
The planned elimination of large numbers of personnel with the
goal of enhancing the organization's competitiveness to promote
future competitiveness. .......Answer.........Downsizing
What are the four objectives of downsizing? .......Answer.........1.
Reduce Costs
2. Replace labor with technology
3. Mergers & Acquisitions
4. Move to more economical location
