Workforce Planning Lec #6 Quiz

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Questions and Answers

What is the number of stores Manova aims to have in Gulf countries by the end of 2025?

  • 120
  • 65
  • 150
  • 100 (correct)

What is the specialized product line of Manova?

  • High-end fashion
  • Electronics
  • Luxury watches (correct)
  • Gold jewelry

How many new high-end fashion stores will Manova add?

  • 15
  • 10 (correct)
  • 20
  • 5

What is the role of the person generating the main Talent strategy in Case B?

<p>HR Director (D)</p> Signup and view all the answers

What is the key event mentioned in the first case that triggered the need for a new Talent strategy?

<p>Onboarding a new investor (A)</p> Signup and view all the answers

What is the primary benefit of data-driven decision making in HR analytics?

<p>Proactive talent management (D)</p> Signup and view all the answers

What is the main challenge addressed by the 'Bind' strategy in talent management?

<p>Retaining employees (B)</p> Signup and view all the answers

What is the purpose of analyzing turnover rates and promotion ratios in HR analytics?

<p>To predict future talent needs (A)</p> Signup and view all the answers

What is the primary goal of the 'Build' strategy in talent management?

<p>To develop internal talent (A)</p> Signup and view all the answers

What is the purpose of considering 'Target hire date' in talent management?

<p>To ensure timely hiring (C)</p> Signup and view all the answers

What is the main reason for considering 'Buy' rather than 'Build' in talent management?

<p>To access specialized skills (D)</p> Signup and view all the answers

What is the first step in advancing an organization's capability and capacity?

<p>Starting with business strategy (C)</p> Signup and view all the answers

When should an organization bring in a technology enabler?

<p>At the beginning of the process (A)</p> Signup and view all the answers

What is a key consideration in workforce supply and demand planning?

<p>Understanding the need for both internal and external supply (B)</p> Signup and view all the answers

In Workforce Strategy Levels, what is emphasized as important for making decisions?

<p>Understanding and making decisions (D)</p> Signup and view all the answers

What is crucial for executing visionary decisions based on a built plan?

<p>Using known matrix and formats for execution (C)</p> Signup and view all the answers

What is the relationship between Business goals and Talent strategy, according to the context?

<p>There is a clear relationship between them (C)</p> Signup and view all the answers

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