HRTM 344 Test #2 questions and
correct answers rated A+
Forecasting - correct answer ✔✔ the attempts to determine the supply of and demand for
various types of human resources to predict areas within the organization where there will be
labor shortages or surpluses
Trend analysis - correct answer ✔✔ constructing and applying statistical models that predict
labor demand for the next year, given relatively objective statistics from the previous year
Leading indicators - correct answer ✔✔ objective measures that accurately predict future labor
demand
Transitional matrix - correct answer ✔✔ 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
Core competency - correct answer ✔✔ a set of knowledge and skills that make the organization
superior to competitors and create value for customers
Downsizing - correct answer ✔✔ the planned elimination of large numbers of personnel with
the goal of enhancing the organization's competitveness
Outsourcing - correct answer ✔✔ contracting with another organization to perform a broad set
of services
Workforce utilization review - correct answer ✔✔ a comparison of the proportion of employees
in protected groups with the proportion that each group represents in the relevant labor market
, Recruiting - correct answer ✔✔ any activity carried on by the organization with the primary
purpose of identifying and attracting potential employees
Employment at will - correct answer ✔✔ employment principle that if there is no specific
employment contract saying otherwise, the employer or employee may end an employment
relationship at any time, regardless of cause
Due-process policies - correct answer ✔✔ policies that formally lay out the steps an employee
may take to appeal the employer's decision to terminate that employee
Job posting - correct answer ✔✔ the process of communicating information about a job
vacancy on company bulletin boards, in employee publications, in corporate intranets, and
anywhere else the organization communicates with employees
Direct applicants - correct answer ✔✔ people who apply for a vacancy without prompting from
the organization
Referrals - correct answer ✔✔ people who apply for a vacancy because someone in the
organization prompted them to do so
Nepotism - correct answer ✔✔ the practice of hiring relatives
Yield Ratio - correct answer ✔✔ a ratio that expresses the percentage of applicants who
successfully move from one stage of the recruitment and selection process to the next
Cost per hire - correct answer ✔✔ the total amount of money spent to fill a job vacancy; the
number is computed by finding the cost of using a particular recruitment source and dividing
that cost by the number of people hired to fill that type of vacancy
correct answers rated A+
Forecasting - correct answer ✔✔ the attempts to determine the supply of and demand for
various types of human resources to predict areas within the organization where there will be
labor shortages or surpluses
Trend analysis - correct answer ✔✔ constructing and applying statistical models that predict
labor demand for the next year, given relatively objective statistics from the previous year
Leading indicators - correct answer ✔✔ objective measures that accurately predict future labor
demand
Transitional matrix - correct answer ✔✔ 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
Core competency - correct answer ✔✔ a set of knowledge and skills that make the organization
superior to competitors and create value for customers
Downsizing - correct answer ✔✔ the planned elimination of large numbers of personnel with
the goal of enhancing the organization's competitveness
Outsourcing - correct answer ✔✔ contracting with another organization to perform a broad set
of services
Workforce utilization review - correct answer ✔✔ a comparison of the proportion of employees
in protected groups with the proportion that each group represents in the relevant labor market
, Recruiting - correct answer ✔✔ any activity carried on by the organization with the primary
purpose of identifying and attracting potential employees
Employment at will - correct answer ✔✔ employment principle that if there is no specific
employment contract saying otherwise, the employer or employee may end an employment
relationship at any time, regardless of cause
Due-process policies - correct answer ✔✔ policies that formally lay out the steps an employee
may take to appeal the employer's decision to terminate that employee
Job posting - correct answer ✔✔ the process of communicating information about a job
vacancy on company bulletin boards, in employee publications, in corporate intranets, and
anywhere else the organization communicates with employees
Direct applicants - correct answer ✔✔ people who apply for a vacancy without prompting from
the organization
Referrals - correct answer ✔✔ people who apply for a vacancy because someone in the
organization prompted them to do so
Nepotism - correct answer ✔✔ the practice of hiring relatives
Yield Ratio - correct answer ✔✔ a ratio that expresses the percentage of applicants who
successfully move from one stage of the recruitment and selection process to the next
Cost per hire - correct answer ✔✔ the total amount of money spent to fill a job vacancy; the
number is computed by finding the cost of using a particular recruitment source and dividing
that cost by the number of people hired to fill that type of vacancy
