Describe the three key elements of the HR forecasting model.
What will be an ideal response?
The three key elements in the HR forecasting process are: (1) forecasting the demand for labor, (2) forecasting the supply of labor, and (3) balancing supply and demand considerations.?Employment forecasting involves estimating in advance the number and type of people needed to meet organizational objectives. It may involve a quantitative approach using statistical analysis and mathematical models or a qualitative approach focusing on employee performance and promotability.?Supply analysis determines if there are sufficient numbers and types of employees available to staff anticipated openings. Sources of supply can be external or internal.?HR planning should strive for a proper balance between the emphasis placed on demand considerations and that placed on supply considerations. Demand considerations are based on the forecast of trends in business activity. Supply considerations involve the determination of where and how candidates with the required qualifications are to be found to fill vacancies.
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Blogs are more common among ______ users than ______ users.
a. teenagers; adults b. adults; teenagers c. employees; students d. students; employees
Calculate and indicate the composite reliability of Component 2 for the system shown in the following figure:
a. 0.90
b. 0.95
c. 0.99
d. 0.97
Assume that the expectations theory of the term structure of interest rates is correct, and other term structure theories are invalid. If a downward sloping yield curve is observed, which of the following is a correct statement?
A. Investors expect interest rates to be constant over time. B. Investors expect interest rates to increase in the future. C. Investors expect interest rates to decrease in the future. D. Investors require a negative maturity risk premium. E. The inflation premium must be greater than 2 percent.
The payment of Olinda's debt to Pari is guaranteed by Olinda's personal property. Pari is most likely to perfecther interest by
a. insuringOlinda's property for the full amount of its value. b. calculating the precise amount of Olinda's debt. c. correcting grammatical errors in the parties' written agreement. d. filing a financing statement with the appropriate authority.