Human Resource Decision Making Information Quiz
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Questions and Answers

Which of the following is considered a source of information for making human resource decisions?

  • Financial accounting
  • Product development
  • Human resource planning (correct)
  • Marketing strategy
  • What is the main focus of job analysis as a source of information for making human resource decisions?

  • Identifying job requirements and responsibilities (correct)
  • Studying consumer behavior
  • Analyzing market trends
  • Evaluating sales performance
  • Which process helps in identifying and summarizing common job analysis methods?

  • Job analysis process (correct)
  • Job enrichment process
  • Marketing analysis
  • Sales forecasting
  • What does economic conditions serve as for making human resource decisions?

    <p>Primary source of information</p> Signup and view all the answers

    What is the process of gathering and organizing detailed information about various jobs within an organization?

    <p>Job analysis</p> Signup and view all the answers

    Which database provides both basic and advanced job analysis information?

    <p>Occupational Information Network (O*NET)</p> Signup and view all the answers

    What are the fundamental requirements necessary to perform a job referred to as?

    <p>Knowledge, skills, and abilities (KSA)</p> Signup and view all the answers

    Which mechanism involves observing trends in the organization and checking the extent to which people leave jobs voluntarily or involuntarily?

    <p>Forecasting the demand for human resources</p> Signup and view all the answers

    What is the process of systematically planning for future promotions into top management positions called?

    <p>Executive succession</p> Signup and view all the answers

    Which system is an integrated and increasingly automated system for maintaining a database regarding the employees in an organization?

    <p>Human resource information system (HRIS)</p> Signup and view all the answers

    What are investments people make in themselves to increase their value in the workplace referred to as?

    <p>Human capital investments</p> Signup and view all the answers

    Which trend model involves using external data to predict the supply of labor?

    <p>Mathematical trend models</p> Signup and view all the answers

    What indicates growing sales, increasing demand, and expanding operations for the organization?

    <p>Growth strategy</p> Signup and view all the answers

    Which alternative to terminations and layoffs is early retirement?

    <p>Reduction strategy</p> Signup and view all the answers

    What is calculated by the Bureau of Labor Statistics as the percentage of individuals looking for and available for work who are not currently employed?

    <p>Rate of unemployment</p> Signup and view all the answers

    Describe human resource planning as a source of information for decision making

    <p>3</p> Signup and view all the answers

    Discuss strategy as a source of information for making human resource decisions

    <p>2</p> Signup and view all the answers

    Discuss economic conditions as a source of information for making human resource decisions

    <p>5</p> Signup and view all the answers

    Describe job analysis as a source of information for making human resource decisions

    <p>4</p> Signup and view all the answers

    Discuss the job-analysis process and identify and summarize common jobanalysis methods

    <p>Figur e 5.1 LO 1 The Human Resource Planning Process ©Cengage Learning®</p> Signup and view all the answers

    Human resource information system – Integrated and increasingly automated system for maintaining a database regarding the employees in an organization

    <p>HRIS</p> Signup and view all the answers

    Labor Force Trends and Issues Reasons for diversity in the workforce Aging of the baby boom generation Declining birth rates for the post–baby boom generation Improved health and medical care Mandatory retirement ages Gender differences Changing ethnicity

    <p>trends</p> Signup and view all the answers

    Job analysis: Process of gathering and organizing detailed information about various jobs within an organization Knowledge, skills, and ______ (KSA): Fundamental requirements necessary to perform a job

    <p>abilities</p> Signup and view all the answers

    Usage of external data to predict supply of labor Immigration patterns Mathematical trend models Executive ______: Systematically planning for future promotions into top management positions

    <p>succession</p> Signup and view all the answers

    Different Methods to Collect LO 5 Job analysts:Information Individuals who perform job analysis in an organization Subject matter expert (SME): Individual who is highly knowledgeable about a particular job Provides data for job analysis Occupational Information Network (O*NET): Database that provides both basic and advanced jobanalysis information Job-Analysis Techniques Narrative job analysis One or more SMEs prepare a written ______ or text description of the Fleishman job-analysis job system Defines abilities as enduri.

    <p>narrative</p> Signup and view all the answers

    Study Notes

    Human Resource Decision-Making Sources

    • Sources of information for HR decisions include economic conditions, job analysis, labor force trends, and strategic planning.
    • Economic conditions provide insight into labor availability and organizational growth potential.

    Job Analysis Focus

    • Job analysis involves gathering detailed information about roles within an organization, concentrating on knowledge, skills, and abilities (KSA) required for specific jobs.

    Job Analysis Methods

    • Common job analysis methods include narrative descriptions, surveys, interviews, and observation.
    • Job analysts and subject matter experts (SMEs) play key roles in gathering and validating job-related information.

    Economic Conditions

    • Economic conditions serve as indicators for workforce planning, influencing hiring practices and employee retention strategies.

    HR Information System

    • A Human Resource Information System (HRIS) is a comprehensive, often automated, database that manages employee information within an organization.

    Labor Market Dynamics

    • The labor force participation rate is calculated by the Bureau of Labor Statistics, representing the percentage of job-seekers who are currently unemployed.
    • Trends in labor such as aging populations, declining birth rates, and increased diversity affect recruitment and retention strategies.

    Job Analysis and Requirements

    • Job analysis systematically organizes information to identify the fundamental requirements necessary for performing a job effectively.
    • O*NET is a vital database offering both basic and advanced job analysis information, helping to standardize job data across industries.

    Strategic HR Planning

    • Executive succession planning refers to the strategic process of preparing for promotions into top management roles, ensuring leadership continuity.
    • External data models predict labor supply, assisting organizations in planning for future workforce needs.
    • Factors affecting workforce diversity include demographic shifts, mandatory retirement policies, and evolving gender and ethnic dynamics.
    • Early retirement serves as an alternative strategy to layoffs, aimed at reducing workforce size without involuntary separations.

    Job Analysis Techniques

    • Narrative job analysis involves SMEs crafting a written description of job duties and requirements, enhancing clarity and detail in role expectations.
    • Mathematical trend models utilize external statistics to forecast labor supply shifts and demands in various sectors.

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    Description

    Test your knowledge about sources of information for making human resource decisions such as human resource planning, strategy, and economic conditions. This quiz covers topics related to decision-making processes in human resource management.

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