Succession Planning: Talent Imbalances and Solutions
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Questions and Answers

What is the primary goal of succession planning?

  • To implement hiring freezes
  • To outsource to a third party
  • To increase employee turnover
  • To ensure high-quality talent is available for business strategies (correct)

Which of the following is a strategy to manage a talent surplus?

  • Use a retention bonus to reduce turnover
  • Outsource to a third party (correct)
  • Implement alternative work arrangements
  • Increase employee work hours through overtime

What legal consideration should be taken into account during workforce reductions?

  • Outsourcing to temporary workers
  • Older Workers Benefit Protection Act (OWBPA) (correct)
  • Consolidated Omnibus Budget Reconciliation Act (COBRA)
  • Age Discrimination in Employment Act

Which of the following laws protects against age discrimination in employment?

<p>Age Discrimination in Employment Act (D)</p> Signup and view all the answers

Which of the following approaches involves broadening the scope of a job by expanding the number of different tasks that are performed?

<p>Job enlargement (B)</p> Signup and view all the answers

Who is responsible for completing the job analysis according to the text?

<p>HR Operations (A)</p> Signup and view all the answers

What is the main purpose of job redesign as mentioned in the text?

<p>To improve existing jobs in various ways (C)</p> Signup and view all the answers

Which field poses a challenge in terms of filling positions due to retiring workers, as discussed in the text?

<p>Truck driving (B)</p> Signup and view all the answers

What is the primary purpose of Human Resource (HR) Management?

<p>Achieving organizational objectives and goals through managing human talent (B)</p> Signup and view all the answers

Which of the following is NOT a core HR function mentioned in the text?

<p>Taxation and accounting (C)</p> Signup and view all the answers

How does technology impact Human Resource (HR) functions according to the text?

<p>Overreliance on technology can hinder learning and critical thinking in HR (C)</p> Signup and view all the answers

What is the concept of human capital in the context of an organization?

<p>The collective value of employees' knowledge, skills, and experiences (A)</p> Signup and view all the answers

What does efficiency refer to in the context of human capital management?

<p>The degree to which operations are carried out in an economical manner (B)</p> Signup and view all the answers

In the context of staffing, what does the 'gig economy' refer to?

<p>A term used for temporary or freelance workers performing work (C)</p> Signup and view all the answers

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