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Which of the following is true of statistical forecasting methods that capture historic trends?


A) They are useful for predicting events in the labor market that have no historical precedent.
B) They are particularly useful in situations where there is no long, stable history.
C) They provide predictions that are much more precise than judgmental methods.
D) They remove the need for subjective judgments of experts.
E) They include variables like intuition and guesswork into economic decision making.

F) C) and E)
G) B) and E)

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Policies that state that either party in an employment relationship can terminate that relationship at any time, regardless of cause, are called _____.


A) due process policies
B) employment-at-will policies
C) counter cyclical hiring policies
D) employee liability policies
E) affirmative action policies

F) A) and D)
G) A) and C)

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A comparison of the proportion of workers in protected subgroups with the proportion that each subgroup represents in the relevant labor market is called a workforce utilization review.

A) True
B) False

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A policy that lays out the steps an employee can take to appeal a termination decision is called a(n) _____.


A) counter cyclical hiring policy
B) outsourcing policy
C) employment-at-will policy
D) due process policy
E) affirmative action policy

F) B) and D)
G) All of the above

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The approach that pays employees higher wages than what competitors pay their employees in similar roles is called the _____.


A) premium-wage approach
B) free-rider effect
C) lead-indicator approach
D) lead-the-market approach
E) first-mover advantage

F) B) and E)
G) A) and E)

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Which of the following is a method used to reduce an expected labor shortage that is low on revocability?


A) Overtime
B) New external hires
C) Temporary employees
D) Outsourcing
E) Retrained transfers

F) B) and E)
G) A) and B)

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Which of the following pairs of recruiter characteristics does an applicant tend to respond to most positively?


A) Warmth and informativeness
B) Race and qualifications
C) Age and experience
D) Gender and warmth
E) Experience and qualifications

F) A) and C)
G) A) and B)

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Which of the following options for avoiding an expected labor shortage has the benefit of being a fast solution with high revocability?


A) Temporary employees
B) Technological innovation
C) Turnover reductions
D) New external hires
E) Retraining

F) C) and E)
G) A) and E)

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Which of the following is an example of an intrinsic reward?


A) A manufacturing organization offering a monthly bonus on joining the firm at a particular position in a particular city
B) A firm providing free vehicles to employees who are promoted to the managerial level
C) The Army appealing to the patriotism in people to get more new recruits
D) A bank offering loans at a subsidized rate to its employees
E) A school management giving monthly bonuses to the teachers

F) C) and E)
G) A) and B)

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Discuss the major options organizations have for reducing labor surpluses. In doing so, discuss how they vary in terms of speed and the amount of human suffering.

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Options that are fast but result in high...

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Typically, "call center" staffing is the only type of work that is being offshored.

A) True
B) False

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

A) True
B) False

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The purpose of setting specific quantitative goals is:


A) to make sure that employees are held accountable for achieving the stated goals.
B) to ascertain whether or not the company has successfully avoided any potential labor surpluses or shortages.
C) to collect data about current employees, measure their performances, and compare it with global standards in order to get a better idea of the firm's international competence.
D) to focus attention on a problem and provide a benchmark for determining the relative success of any programs aimed at redressing a pending labor shortage or surplus.
E) to predict areas within the organization where there will be future labor shortages or surpluses.

F) None of the above
G) A) and C)

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Employers prefer hiring and training new employees rather than having to pay existing workers extra for overtime production.

A) True
B) False

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Ron works as a sale executive for Janus Inc., a large manufacturer of turbocharged engines. He hears about a vacancy for sales manager at Ios Inc., a competitor in the same industry, and sends in his résumé requesting Ios to consider him for the vacancy. Ron is an example of a(n) _____.


A) poached employee
B) virtual employee
C) internal employee
D) referral
E) direct applicant

F) D) and E)
G) A) and B)

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Public employment agencies serve primarily the blue-collar labor market; private employment agencies perform much the same service for the white-collar labor market.

A) True
B) False

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_____ is considered a slow option for avoiding an expected labor shortage but has high revocability.


A) Natural attrition
B) Retrained transfers
C) Outsourcing
D) Transfers
E) Technological innovation

F) A) and B)
G) A) and E)

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

A) True
B) False

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

A) True
B) False

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The process of determining whether there are any subgroups whose proportion in a given job category within a company is substantially different from their proportion in the relevant labor market is called _____.


A) adverse treatment analysis
B) workforce utilization review
C) subgroup reconciliation
D) discrimination analysis
E) leading indicator

F) C) and D)
G) A) and D)

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