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.
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Multiple Choice
A) due process policies
B) employment-at-will policies
C) counter cyclical hiring policies
D) employee liability policies
E) affirmative action policies
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True/False
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Multiple Choice
A) counter cyclical hiring policy
B) outsourcing policy
C) employment-at-will policy
D) due process policy
E) affirmative action policy
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Multiple Choice
A) premium-wage approach
B) free-rider effect
C) lead-indicator approach
D) lead-the-market approach
E) first-mover advantage
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Multiple Choice
A) Overtime
B) New external hires
C) Temporary employees
D) Outsourcing
E) Retrained transfers
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Multiple Choice
A) Warmth and informativeness
B) Race and qualifications
C) Age and experience
D) Gender and warmth
E) Experience and qualifications
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Multiple Choice
A) Temporary employees
B) Technological innovation
C) Turnover reductions
D) New external hires
E) Retraining
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Multiple Choice
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
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Essay
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View Answer
True/False
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True/False
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Multiple Choice
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.
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True/False
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Multiple Choice
A) poached employee
B) virtual employee
C) internal employee
D) referral
E) direct applicant
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True/False
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Multiple Choice
A) Natural attrition
B) Retrained transfers
C) Outsourcing
D) Transfers
E) Technological innovation
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True/False
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True/False
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Multiple Choice
A) adverse treatment analysis
B) workforce utilization review
C) subgroup reconciliation
D) discrimination analysis
E) leading indicator
Correct Answer
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