HUMAN RESOURCE PLANNING Flashcards

1
Q

predicting the various HR needs relating to acquiring , positioning
and utilizing employees.

A

Human Resource Planning

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2
Q

formulating and implementing its strategies and assessing their
effects on the internal and external environment of the firms.
Human Resource Management activities are taken into
consideration prior to formulating the corporate plan.

A

Strategic Planning

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3
Q

There are two methods of predicting HR needs

A

quantitative and Qualitative

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4
Q

trend analysis
ratio analysis
regression analysis

A

Quantitative Approach

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5
Q

The Delphi Technique.

A

Qualitative Approach

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6
Q

If there are more workers than job, the first action is to downsize,

A

Oversupply

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7
Q

indicates that there
are more jobs than workers. If this happens, the
first move of the company should be to hire
additional employees.

A

Under Supply

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8
Q

The Process of Human Resource Planning

A
  1. Organizational Mission, Goals and Objectives, and Strategic Requirements.
  2. Current Manpower Inventory.
  3. Forecasting Demand and Supply.
  4. Manpower Gaps
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